Customer Centric Retailing Podcast
This podcast is a forum for retail leaders to discuss industry trends, challenges, and the future of customer-centric retailing. We discuss eCommerce, mobile commerce, omnichannel technology, brick-and-mortar operations, culture, innovation, and how all of these elements come together to create customer-centric retailing. Join us to hear the brightest minds in the retail industry share their experiences and thoughts on the most relevant topics today. [To read more follow us on www.hotwax.co]
Customer Centric Retailing Podcast
Achieving real-time inventory availability with Nick Nedev
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Anil Patel
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Season 2
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Episode 8
This episode’s special guest, Nick Nedev, Digital Product Manager for BJ’s Wholesale, discusses the value of inventory explainability and how omnichannel owners leverage this concept to effectively manage their business.
- How is inventory explainability defined and how do omnichannel owners use this concept to manage their business? What Key Performance Indicators (KPIs) should be employed to measure inventory explainability? How does this information aid in strategic inventory considerations and help omnichannel owners maintain positive relationships with partners?
- In this episode, we delve into these questions and more with our special guest, Nick Nedev. Drawing from his hands-on experience of processing orders and managing inventory flows at BJ’s Wholesale, Nedev unfolds the intricacies of inventory explainability. He explains how this understanding provides crucial internal insight into how retailers attain ATP inventory, thereby creating a comprehensive understanding of the various components that coordinate in the overall inventory flow.