The retail industry is navigating an era of rapid technological transformation and geopolitical uncertainty, fueled by shifting global trade policies, evolving consumer demand, and disruptive market forces such as tariffs and supply chain crises. This dynamic environment is testing retailers’ agility and innovation in solving critical challenges, particularly those related to inventory allocation and pricing strategies.
A new report, “Reinventing Retail: Navigating Tariffs, Technology and Trends in Pricing and Allocation,” sheds light on these contemporary challenges. It explores how issues such as overstock and understock management, dynamic pricing and the ramifications of external factors such as tariffs and logistics disruptions are shaping the future of the retail sector.
The report, created by WWD and sponsored by Oracle, also identifies key issues decision-makers need to address in the current environment. Effective inventory allocation, for example, is central to operational efficiency and customer satisfaction, but retailers continue to grapple with balancing overstock and understock, inaccurate demand forecasting and inefficient distribution systems.
The report also links to Oracle’s suite of retail solutions, technology and innovation that aim to empower retailers to transform challenges into opportunities. By leveraging advanced forecasting, allocation and pricing technologies, businesses can better navigate the tumultuous retail landscape.
For retailers, the road ahead demands resilience, adaptability and investment in forward-looking strategies. Success lies in embracing tools and insights that enable data-driven decision-making, ensuring operational excellence, and delivering customer satisfaction in a competitive global market. To download the free report, click on the image below.