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What steps have you taken to optimise your approach to allocation?

Inventory Allocation

Given the current retail climate, retailers must grab any opportunity they can to improve margins. As one of the main causes of excess and waste, optimising inventory allocation processes will undoubtedly help retailers to minimise avoidable costs. Furthermore, by rationalising the decision process, retailers will also benefit from the increased sales that results from achieving more higher levels of availability across the entire chain!

What steps have you taken to optimise your approach to allocation? What impact has this had on your business?

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