Friday, December 8, 2017
THE NEW SUPPLY CHAIN AND INVENTORY VELOCITY
Inventory velocity is a necessity of the New Supply Chain that drives omnichannel e-commerce. That velocity means the Perfect Order for customers--delivered complete and on-time, plus accurate--and in turn that means meeting customer expectations. It means less working capital spent and tied up in inventory that sits. It means less fire sales/depressed pricing. It means improved profits. It means faster conversion to getting paid and having cash.