Four Considerations to Navigate the Coronavirus Pandemic in Retail
Retailers are in unprecedented times. They have been forced to revisit strategies to react to changing customer demands and modify buying patterns to adapt their supply chain.
The pandemic has had a major impact on Retailers and Merchandise Operations:
- Forecasting and fulfillment of inventory for current and future demand
- Dealing with inventory overages/shortfalls
- Store operations
- The downstream impact on cost and pricing strategies.
In this white paper, Logic visits each one of these areas to offer thought leadership, insight, and considerations to help retailers determine the right strategy for their business now and going forward.