This inventory management technique allows you to sell products without actually having to hold onto that inventory. This, in turn, reduces the odds that perishable inventory will go to waste.

Improving Warehouse Management Retailers can also manage inventory by implementing effective product categorization and organization. Retailers should consider using a stock-keeping unit to do ...

Today, Target uses AI-driven inventory management for more than 40% of its product assortment, which is more than double when it started two years ago, Vemana said.