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Stock-Outs Cost Retailers 4% of Sales Every Year
Image courtesy of Ashim D’Silva @randomlies Stock can cause major issues for retailers when it comes to keeping customers happy and running your business smoothly. Overstocking items could mean reducing prices and squeezing margins just to sell it, as well as sacrificing valuable warehouse space that could be occupied by more popular products. On the other hand, understocking in-demand products causes customers to be frustrated, disappointed and shop elsewhere.
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