5| The One with the Inventory Rollercoaster

Lara and her guest inventory planner Tere dive into the intricate dance of inventory optimization in this episode. Listen to a discussion on mastering the delicate equilibrium between overstock and stockouts, especially during peak seasons. Whether you're new to inventory management or a seasoned professional, there's a lesson or two here for everyone. Some questions they answer are: When do you start preparing for peak seasons? (Consider Thanksgiving / Black Friday / Cyber Monday / Gift-giving holidays) What are the financial implications of mismanaged inventory? What are some adaptive strategies for real-time inventory adjustments? Trivia: Lara and Tere have done hands-on work together as Supply Chain Professionals several times. Tere has been instrumental in growing an e-commerce apparel business with Lara from 400K to 10M in 2 years!