Stock Up for Success: Inventory Management Strategies in E-Commerce

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In this episode, Petra Dobrocka interviews Leon Hergert from Spherecast about inventory management in the e-commerce setup. They discuss the importance of inventory management and the cost of stockouts, as well as the challenges of data and analytics in the process. Leon shares examples of successful data-driven inventory management decisions and highlights the need for alignment between different teams. They also explore the structure of inventory planning, including forecasting and replenishment, and the key metrics to consider. The conversation concludes with a discussion on determining optimal inventory levels and managing overstocked and understocked products. The conversation explores the challenges of inventory planning and management, particularly in the context of overstocking and understocking. It emphasizes the importance of understanding lead times, safety stock, and reordering cycles to achieve a healthy inventory. The conversation also delves into the complexities of managing decentralized inventory in multi-warehouse and multi-channel setups and the need for accurate data in supply chain planning.

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