In 2023, the total cost of inventory distortion is projected at $1.77 trillion, down $172 billion from 2022 with out-of-stocks accounting for $1.2 trillion and overstocks totaling $562 billion. IHL has been tracking retail inventory distortion and the true cost of out-of-stocks and overstocks for 17 years. Inventory distortion worldwide is a critical issue that continues to plague retailers worldwide, causing significant financial losses and operational challenges. Download this report to learn more about the total costs of out-of-stocks and overstocks worldwide and by region, the root causes, what is working and not working, as well as the key solutions that are moving the needle; also learn how AI/ML and Generative AI are already adding value and then what the future holds for impact on inventory distortion. Download the IHL report now “Inventory Distortion – The Good, the Bad, the Ugly” and learn where progress has been made (the Good), the huge issues that remain for optimization (the Bad), and still other issues that are getting worse (the Ugly).
- Retail Inventory Distortion Report