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7 Tips for Wholesale Inventory Management

December 23, 2022

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U.S. consumers have been pulling back on clothing and durable goods as soaring inflation raises the cost of food and basic items. Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers.

Retailers were sitting on $739.5 billion of inventory in October, a 21% increase from last year, according to the U.S. Census data. While it is difficult to predict demand in an uncertain economy, it is also hard to know where to allocate stock as shoppers switch between online and/or brick-and-mortar stores. This is why inventory management is key, especially as retailers look to deal with unsold merchandise after the holidays.

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