In today's dynamic retail environment, however, the ability to embrace rapid process change is more important than ever. Merchandise and inventory planners must adapt quickly to system upgrades, evolving customer demands and multichannel marketing initiatives almost as they happen. It's exciting, but also quite daunting. Here are a few best practice tips we've identified from our experience at Direct Tech to help your business address these inevitable process changes:
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Return on Inventory
By Joe Palzkill
About Joe
Joe is vice president of sales and business development at Direct Tech, Inc., a company which helps catalog and e-commerce retailers drive profitability, increase demand and optimize inventory investment by providing best-in-class applications and services. Joe is a member of Direct Tech’s seasoned management team, which has more than 150 years experience with demand planning, inventory optimization and merchandise planning in the multichannel retail industry. For more than two decades, Direct Tech’s applications and services have enabled leading multichannel brands to grow their businesses.Joe is a 28-year veteran of the direct merchandising industry with hands-on experience in marketing, merchandising, inventory management and business development at multichannel retail companies including Lands’ End, LifeSketch.com, Nordstrom.com and Duluth Trading Company. At Direct Tech, Joe uses his experience to help customers and prospects understand how to improve sales and profits through applying industry best practices in merchandise planning and inventory management systems and processes.
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