In our latest "Innovate with invent.ai" session, we tackle the intricate world of inventory allocation within the apparel retail sector. Highlighting the nuanced challenges of managing assortments across sizes, styles, and colors, our experts, Tav Tepfer and Lance Menuey, shed light on effective strategies for navigating short product lifecycles and seasonal trends. This webinar highlights the complexities of ensuring optimal stock levels, addressing common pitfalls like broken assortments and repacks, and outlining actionable insights for achieving a balanced inventory.
Focusing on practical solutions, we cover vital aspects of allocation, from initial strategies to in-season adjustments and new store allocations. Tav and Lance aim to equip apparel retailers with the tools to improve sell-through rates at full price while minimizing excess inventory by emphasizing a strategic overview and offering useful, data-driven insights. This episode is rich with advice tailored to real-world scenarios, offering a roadmap for retailers seeking to enhance their allocation processes and, ultimately, their bottom line.