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Twenty years ago, Supply and Demand Chain Executive (SDCE) magazine first launched, and along with it, a variety of content and news that may now seem like a different world to today’s readers.
Online marketplaces and auctions first became popular for physical goods and have now flourished in the B2B sector, where companies go for a variety of factors such as selling excess and returned products, as well as finding suppliers and other partners.
As technology and data grow, these marketplaces, and the sector itself grows along with them. The use of data to target specific buyers who are more likely to be a match is growing and as artificial intelligence becomes more sophisticated, so does the ability to target. Other trends in online bidding are price increases due to heightened competition and new forms of organization.
Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…