Phantom inventory creates significant operational disruptions for retailers, leading to out-of-stock situations, lost sales, and frustrated customers. It disrupts allocation and forecasting processes, causing inefficient use of resources and imbalanced inventory levels across store locations. Phantom inventory directly impacts customer satisfaction, leading to negative word-of-mouth and decreased trust and loyalty, both in-store and online.

Our Phantom Inventory solution offers data-driven insights to new and existing clients through a stand-alone app which leverages the power of AI to detect discrepancies between inventory data and physical inventory in stores, helping retailers reduce lost sales, boost customer satisfaction, and maximize profitability.

Learn More: https://www.inventanalytics.com/omni-ai/omni-plan/phantom-inventory/