How Target's Innovative Strategy Resolves A Multi-Billion Dollar Inventory Crisis: Report
How Target's Innovative Strategy Resolves A Multi-Billion Dollar Inventory Crisis: Report
Target Corp (NYSE:TGT) Chief Supply-Chain and Logistics Officer Gretchen McCarthy played a pivotal role in addressing a significant inventory challenge during the peak of the COVID-19 pandemic.
塔吉特公司（紐交所：TGT）供應鏈和物流總管格雷琴·麥卡錫在COVID-19疫情高峰期間應對重要庫存挑戰中起到了關鍵作用。
McCarthy's strategic shifts helped Target navigate through a period marked by excess stock and shifting consumer behaviors.
麥卡錫的戰略變革幫助了塔吉特度過了一個標誌着庫存過剩和消費者行爲轉變的時期。
At the forefront of retail adaptation, McCarthy utilized Target's retail spaces innovatively, transforming them into effective distribution hubs to enhance the company's online fulfillment capabilities.
身處零售業轉型的最前沿，麥卡錫創新地利用了塔吉特的零售空間，將其轉化爲有效的配送中心，從而增強公司的在線配送能力。
This approach was integral in managing an overstock of consumer goods that had accumulated due to the pandemic, reported the Wall Street Journal.
據《華爾街日報》報道，這種方法在管理因疫情累積的消費品過剩方面至關重要。
Under McCarthy's leadership, Target successfully reduced its inventory by nearly $2 billion over two years, aligning stock levels more closely with fluctuating sales.
在麥卡錫的領導下，塔吉特在兩年內成功減少了近20億美元的庫存，使存貨水平更加貼近波動的銷售。
The retail giant saw its merchandise inventories drop from $13.9 billion at the end of the fiscal year 2022 to $11.9 billion by February 2023.
這家零售巨頭的商品庫存從2022財年結束時的139億美元，到2023年2月降至119億美元。
Also Read: Analysts Highlight Target's Market Share Struggles And Increased Competition: Details
閱讀更多：分析師強調塔吉特的市場份額困境和競爭加劇：詳情
The transformation involved canceling orders and discounting products to realign inventory with consumer demand. McCarthy's strategy addressed immediate logistical challenges and repositioned Target's distribution model to better cater to a market that increasingly favors a blend of in-store and online shopping.
這項轉變涉及取消訂單和打折銷售產品，以使庫存與消費者需求重新對齊。麥卡錫的策略解決了立即面臨的物流挑戰，並重新定位了塔吉特的分銷模式，以更好地迎合一個越來越偏好線上和線下混合購物的市場。
A significant part of this strategic shift was the adoption of advanced inventory management technologies. McCarthy spearheaded the integration of machine learning and artificial intelligence to enhance forecasting accuracy, which has been crucial in optimizing inventory placement and improving supplier collaboration.
這種戰略轉變的重要部分是採用先進的庫存管理技術。麥卡錫帶頭整合機器學習和人工智能技術，以提高預測準確性，這對於優化庫存位置和提高供應商合作至關重要。
In the recent first-quarter FY24 earnings, though the retail giant reported a lower-than-expected adjusted EPS, its inventory plunged by 82.3% to $156 million as of May 4, 2024.
在最近的2024財年第一季度業績中，儘管這家零售巨頭報告的調整後每股收益低於預期，但其庫存已在截至2024年5月4日時銳減82.3%，降至1.56億美元。
As consumers return to physical stores while continuing to embrace online shopping, McCarthy's dual-focus on operational efficiency and customer experience continues to drive Target's logistics and fulfillment strategy.
隨着消費者重返實體店，同時繼續擁抱在線購物，麥卡錫對運營效率和客戶體驗的雙重關注仍在推動塔吉特的物流和配送戰略。
Price Action: TGT shares are trading lower by 1.12% at $145.13 at last check Thursday.
股價表現：根據最新數據，TGT股價下跌1.12%，報145.13美元。
Disclaimer: This content was partially produced with the help of AI serivces and was reviewed and published by Benzinga editors.
免責聲明: 此內容部分使用了人工智能服務，並經過Benzinga編輯審核和發佈。
Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。