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The iconic retailer has revamped its inventory practices to support a multi-channel selling strategy. The result: less overstock of seasonal inventory, more of the products its customers buy all year long, and a reduction in warehousing costs.
His long career as teacher, author, editor, and mentor of future supply chain professionals earned Dr. James R. Stock CSCMP's 2011 Distinguished Service Award.
When the Dutch online retailer worked with a key supplier to switch from weekly to daily replenishment, inventory levels improved—as did sales, service, and working capital.