US 'annual shopping orgy' sees record sales as retailers heavily discount
Once again, US consumers have shrugged off fatigue and kept the retail sector humming, with ...
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By Alex Lennane
Too lean a supply chain – and inaccurate planning – will cost UK retailers alone £1.87bn in revenues this Christmas, according to new research. Clothes, food and drink and electrical goods are most affected by stock outs, and more than half of that is due to bad planning. Time to call in the air freight industry?
Comment on this article
Julian Stephens
December 18, 2012 at 5:47 pmIt would be interesting to know how much of this is “avoidable”. No-one has a crystal ball so forecast inaccuracy will always be there but how often do stock-outs occur that could have been avoided if the right person had looked at the right report at the right time?
Julian Stephens
December 18, 2012 at 5:48 pmAlso these figures should be compared against the amount of overstocking that is happening – how much is the problem caused by the supply chain being intrinsically too lean or inflexible and how much is due to the wrong goods being made/bought/stocked?