Out of control: Retail demand versus stockpiling
2012-01-18
Retail Design & Technology Magazine and Nick Martindale looks at the juggling act of meeting retail customer demand versus stockpiling.
Stock-ordering systems, in theory, should enable them to keep on top of this but a recent survey by Wasp Barcode Technologies found some 64 per cent of retailers were not happy with their current means of managing stock control.
Stock ordering systems, whether as part of wider ERP packages or standalone systems, have become considerably more sophisticated in recent years, says Maria José Gonçalves, director for the retail market at WeDo Technologies. ‘These now include features such as sales forecasting, weather conditions and even social network inputs,’ she says. ‘This gives a much broader view of the different elements that impact stock handling and enables retailers to be better prepared.’
