Triaging Your Inventory: Decisions for Stability

For those non-essential retailers with all doors closed, almost all store commerce has been stopped for weeks, and we can’t say with certainty when stores will re-open. PO’s have been canceled or deferred. Inventory is stale and inventory accuracy might be in question. How do you plan now for steps that need to take place in advance of re-opening and as operations resume? This practical session will help you consider measures to stabilize an unknown environment, minimize the impact of the excess, stale, and displaced inventory, as well as manage the risks of future inventory plans.

In this first webinar of Parker Avery’s Reconstructing Retail series, you will learn:

• How to evaluate potential inventory options – risk vs. reward
• How to think about your assortments moving forward
• How to consider future demand, by channel, based on likely store opening and ramp-up scenarios
• What systems and tools will be most useful as you manage through the immediate season and simultaneously plan for the next