Retail Dumpage
Sources:
In the podcast episode featuring , representing Frito-Lay on , a discussion on retail inventory management addresses strategies for minimizing product shortages and effectively managing stock, particularly during high-demand periods like Super Bowl Sunday. Brendan highlights the importance of optimal backroom stock levels to be proportional to store size and sales demands. He emphasizes the use of data and algorithmic projections to guide store-level decisions on inventory during peak times to prevent 'dumpage' or excess inventory that goes stale or unsold. Also, he discusses strategies like leveraging temporary merchandising displays to maximize inventory turn and ensuring product availability, which dramatically influences customer loyalty 1.
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