In today's retail environment it is vital to maximize return on inventory investment. To do that, retailers and their suppliers need to understand and respond to consumer desires in a more precise way than ever before. New technology is helping them succeed.
Amgen's investments range from new production facilities in Puerto Rico and Ireland to expanded R&D facilities to its European logistics center in the Netherlands. But it has plans to grow beyond that.
The fulfillment director of this seller of closeout and overstock items came up with an unorthodox solution to dealing with an ever-changing product mix.