Inturn - Excess Inventory Optimization
Inturn
Excess Inventory Optimization
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Hunter's comment
Inturn is a Business To Business platform that addresses the operational complexities of the off-price retail space and steep drop-off of merchandise value, with initial focus on the apparel and footwear sector. It replaces the existing time-consuming and error-prone sales process and provides brands and retailers with a high level of visibility into their businesses. Inturn is a content-rich inventory management system and a negotiation platform to better drive liquidity.
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Inventory management is crucial to the health of a business. If you carry too much inventory you have tied up too much cashflow, which means that if you have a cash crunch you may need to sell at a discount.
I'm a fan of efficient and no fan of waste. Having the right tools for properly take care of the inventory is very important. Statistics on the website say that there could be $250 Billion USD lost revenue opportunity across consumer categories.
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