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Future Proof Retail Series: Scenario Modeling is Essential to Supply Chain Efficiency
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.
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