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Retailers have never been more challenged to meet rising local customer demands and service level expectations - $93 billion annually in lost sales due to out of stocks. A significant portion of these lost sales - $30 billion can be attributed to poor planning and forecasting. In response to this challenge, many retailers have made and are making significant investments in advanced forecasting and replenishment planning capabilities. These emerging supply chain capabilities are a key enabler to high performance in the competitive retail market place today.
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