IHL Study: Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023
Retail TouchPoints
JULY 31, 2023
A recent study by IHL Group projects that the global cost of inventory distortion in 2023 will be $1.77 IHL estimates the cost of ORC in the U.S. The report predicts that retailers could improve their gross margins by 25% or more by 2029 “if they were able to fully take advantage of all the benefits that AI can provide.”
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