Predicting inventory inaccuracies is a practical way for retailers to target the items most likely to be wrong, rather than counting everything equally.
Colin Peacock speaks with Aris Syntetos, Yacine Rekik and Christoph Glock about a decade of ECR research into inventory record inaccuracy, why it matters for availability and loss, and what interventions can make a difference.
They share headline figures on how widespread record errors can be, how sales can be affected, and how prediction can help retailers prioritise audits and action.
They also discuss the Mastering Inventory Accuracy In Retail leadership training that three professors are running for ECR Retail Loss on 9-10 December.
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