Inventory management in the women’s retail clothing industry
Abstract
States that inventory is the most significant financial asset of women’s clothing retailers, showing that the majority look at inventory management as a tool to improve customer satisfaction. Suggests that satisfying customer needs results in increased revenues, greater liquidity, lower inventory levels and improved returns on investment. Considers the keys to successful inventory management using case studies as examples and concludes that many retailers are moving in the direction of continuous assessment of inventories rather than point in time assessments.
Keywords
Citation
Lee, H. and Kleiner, B.H. (2001), "Inventory management in the women’s retail clothing industry", Management Research News, Vol. 24 No. 3/4, pp. 40-44. https://doi.org/10.1108/01409170110782595
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited