The Holidays Are Approaching. Here’s How Retailers Can Prepare.

The ongoing COVID-19 pandemic has upended supply chains around the globe, forcing companies to rethink the way they manage production, inventories, and virtually every other aspect of operations. And with the holiday season just around the corner, entrepreneurs and leaders at retail companies of all sizes will need to maximize visibility of personnel, assets, raw materials, and cash flow dependencies to ensure they’re able to meet an uptick in demand—which will happen sooner than we think.

In recent years, seasonal shopping has started earlier and earlier, with around 40% of consumers beginning to cross items off their holiday lists before Halloween. As the pandemic persists, retailers should be stocking seasonal inventories well

→ Continue reading at Forbes - Startups

More from author

Related posts


Latest posts

Spain’s Factorial raises $80M at a $530M valuation on the back of strong traction for its ‘Workday for SMBs’

Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools...

Dukaan raises $11 million to help merchants in India set up online stores

Dukaan, a one-year-old Bangalore-based startup that enables merchants to set up online stores and sell products digitally, said on Monday it has raised $11...

Mercedes-Benz throws down the EV gauntlet at IAA Mobility

Mercedes-Benz introduced a slew of electric vehicles ahead of the IAA Mobility show in Germany, including its first AMG-branded high-performance EV, a sedan and...