60-second Retail
60-second Retail
BDO USA
Future Proof Retail Series: Scenario Modeling is Essential to Supply Chain Efficiency
6 minutes Posted Feb 12, 2024 at 6:43 pm.
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Show notes
While there are many strategies being tested across the retail industry to improve supply chain efficiencies and forecasting, one has quickly come to forefront – scenario modeling. What is scenario modeling and how can it be leveraged to improve a retailer’s inventory turnover, continuity plans and product distribution? What technologies exist to aid in implementing scenario modeling and improving outcomes?
Don’t miss this exciting episode of 60-second Retail as, R.J. Romano, Managing Director, Management Consulting & Supply Chain Advisory Practice Leader at BDO USA, reveals why scenario modeling is now essential to supply chain efficiency and adaptability and how this approach will fuel future success.