A couple of years ago, the air cargo industry was focusing on how retailers needed to get new goods to market in a ‘little and often’ way, to reduce discounting on old stock. Now Wal-Mart is adapting its inventory strategy – it claims ‘out of stock’ items can lose it $5bn in additional sales. Product availability is critical. It’s time to replenish those inventories. Read it here.
This second article takes this story one step further, explaining why retailers and vendors need to ensure availability to compete with the likes of Amazon. It is a little more technical, and addresses the retail market, but is interesting background knowledge for transport providers nonetheless. You can read it here.