Matching Supply with Demand in Retail Industry
Strategic retail initiatives such as increased local assortments, multichannel commerce, and rapid store expansion programs including new formats like smaller footprint and neighborhood stores tend to aggravate stock-outs and excess inventories / markdowns. While certain macro-economic factors such as rising oil prices can be attributed to increased operational costs, much of it is caused by a lack of visibility into a
retail supply chain from planning to execution. 'Having the right product at the right place, at the right time, and at the right price' continues to pose a challenge to most retailers. Infosys helps retailers by ensuring supply chain visibility and leveraging such visibility to address business challenges, thereby enabling operational excellence.