Several months after H&M admitted it was stuck with about $4.3 billion worth of unsold clothes, the fashion retailer says interruptions caused from the change of the logistic systems caused a build up of products it could not allocate. Learn how H&M seeks to improve this inventory backlog.
"The start of the year has been tough," acknowledged H&M CEO Karl-Johan Persson, who is dealing with the fashion retailer's escalating inventory issue. Here are five things the company says it's doing to right the ship.
Download this Roadmap report and discover how implementing cutting-edge solutions like digital sourcing, blockchain, IoT and RFID are helping retailers track product throughout the supply chain and get a leg up on the competition.
Download this IQ Report and discover why advancements in RFID technology have ushered in the age of near 100% inventory accuracy and how early adopters are using the technology to power the omni enterprise.
Zara is turning to robots to automate its click and collect process and has opened a pop-up shop for collecting online orders. Learn the details of the next-gen tech this fashion retailer has in the works.
RIS explores two of the hottest topics in supply chain today: real-time supply and artificial intelligence. Learn how leading retailers are meeting demand though the use of still emerging technology that can locate individual products anywhere in the supply chain in real time.