Determining Stockout Cost
(Room Sessions Corner (Show Floor next to Booth # 2624))
19 Sep 19
12:30 PM
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1:00 PM
How much revenue is lost each day that a top-selling SKU is out of stock? How will sales be impacted if we increase our overall fill rate by 5%? Questions like these should be primary drivers behind inventory and purchasing strategy, yet few companies know how to quantify the relationship between revenue and in-stock rates. During this talk, Josh will walk through a step-by-step approach to doing exactly that.