Stock is money. Having large quantities for months of unsold stock on retail shop floors seems unwise. Equally so, having no stock available for days, of known fast moving or highly demanded goods, is unwise. Yet in many South African retail shops, it is unsurprising to find an oversupply or undersupply of goods in stores.

Does it mean retailers are forced to accept whatever the producer wants them to list, or is it the case of management at head office deciding on what the stores must list in spite of demand, or is it a lack of relevant technological solutions to provide intelligence information enabling managers to make informed decisions, or is it the case of poor usage of technology within the organisation? By Nimroth Gwetsa, 31 May 2021. Continue reading →