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State-of-the-art inventory management solutions enable retailers, manufacturers, warehouses, and automotive part suppliers to turn over stock in a timely fashion and avoid tying up cash in excess goods. Business owners that stock merchandise constantly worry that goods won't move as quickly as anticipated and that they will be left holding end of season or shop worn products which will have to be sold at heavy markdowns just to break even. Retail merchandising can be a gamble at best: forecasting consumer buying trends, planning inventory levels to meet seasonal demands, and understanding changing customer needs.
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