Nearly all (99%) survey respondents admit to some kind of constant inventory problem.
Bossa Nova, a San Francisco-based data service provider for global retailers, announced new survey findings that uncover the chronic inventory problems affecting the retail industry. The vast majority (87%) of corporate retail professionals report inaccurate inventories are to blame for more lost revenue than theft (13%), and the breadth of the problem is apparent—nearly all (99%) survey respondents admit to some kind of constant inventory problem.