Retailers increasingly face a persistent issue known as "phantom inventory," where system records show items as available that are not actually in stock. This discrepancy can lead to lost sales, customer dissatisfaction, and a cascade of operational headaches. Enter RELEX Solutions' True Inventory,
The retail environment in Southeast Asia is evolving rapidly, driven by a surge in e-commerce and shifting consumer expectations. This transformation is profoundly impacting how businesses approach their supply chain operations. As competition intensifies and customer demands grow, automation is
The Indian auto retail industry is grappling with an unprecedented issue as unsold passenger vehicle (PV) inventory has surged to record-high levels. As it stands, the unsold inventory has ballooned to 7.9 lakh units, with an astonishing market value of ₹79,000 crore. This alarming rise in unsold
Retail shrinkage is costing businesses billions of dollars each year, posing a dire threat to the bottom line of countless retailers across the globe. Encompassing a multitude of issues such as shoplifting, internal theft, administrative errors, and fraudulent activities, shrinkage creates a
In an era where traditional retail brands struggle to keep pace with technological advancements, FabIndia stands out as a compelling case study in digital transformation. At the center of this transformation is Dr. Vivek Rastogi, the Chief Technology Officer (CTO) whose visionary leadership and
As the 2024 holiday season approaches, retailers are significantly focused on improving inventory management and understanding evolving consumer behavior to ensure a smooth shopping experience. Recent data from the 2024 Supply Chain Confidence Survey by Manhattan Associates indicates that, despite
