1.0Peakhttps://peak.aiWhy inventory management isn't just for Christmas - Peakrich600338<blockquote class="wp-embedded-content" data-secret="w3wpU8MUwO"><a href="https://peak.ai/hub/blog/why-inventory-management-isnt-just-for-christmas/">Why inventory management isn’t just for Christmas</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://peak.ai/hub/blog/why-inventory-management-isnt-just-for-christmas/embed/#?secret=w3wpU8MUwO" width="600" height="338" title="“Why inventory management isn’t just for Christmas” — Peak" data-secret="w3wpU8MUwO" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
/* <![CDATA[ */
/*! This file is auto-generated */
!function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document);
/* ]]> */
</script>
https://assets.peak.ai/app/uploads/2024/12/11101624/why-inventory-management-isnt-just-for-christmas1034x507Featured.jpg1034507For some retailers, a huge chunk of their annual revenue can be taken in December. However, focusing only on this period would be naive from an inventory management perspective. Back to school, Halloween, Easter, Eid and ad hoc heatwaves should also be at the forefront of your thinking across the year.Naturally, consumers expect convenience all year round, but they are also challenged on price. This requires a fundamental transformation of most supply chains, which are not built today to appease the tricky precision required for the 2024 consumer. Throw in increasing Environmental, Social and Governance (ESG) scrutiny, the decline of "shop locally" leaving almost 2,000 independent British stores empty in the first half of 2023, and the mostly unseen damage of poor allocation to a customer’s loyalty, and retailers are facing a growing wave of challenges.