Getting Product Right with Technology

Published: June 15, 2023, 4 a.m.

Every retailer\u2019s mantra is\u2014or at least it should be\u2014\u201cGet the right product to the right place at the right time in the right amounts.\u201d Yet in today\u2019s increasingly complex retail climate, getting that right is harder than ever.\nAs we\u2019ve seen, having too much or too little product, or the wrong product, wreaks havoc on pricing, margins, financial liquidity and consumer satisfaction. Technology solutions, however, are giving retailers the tools they need to address these challenges.\n\xa0In this exclusive Fairchild Studio Thought Leadership Roundtable, Michael Appel, managing director and head of the Retail Practice at Getzler Henrich and Associates (and the former CEO of rue21), Danielle Schmelkin, Chief Information Officer of J.Crew Group, and Greg Petro, CEO of retail technology company First Insight, share their expertise on how technology like predictive analytics can carve a path toward more precise product.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices