Three of the most important challenges facing retailers are raw material inflation labor shortage Complicat inventory management raw material inflation On February Russia launch its invasion of Ukraine disrupting widespread supply chains especially for producers importing raw materials and components from Europe. Due to this deterioration of the situation in Ukraine energy prices various raw materials distribution costs etc have soar.
Although an increasing numr of industries
Responding to the increase in import costs by raising prices many retailers are reluctant to raise prices cause they are concern about the risk that they will not able to sell goods cause they are not inflation caus by an economic boom. labor shortage A critical issue not only in the retail industry but also in various other fields in Japan is the severe Paraguay Email List labor shortage. Japan s total population peak in and continues to decline and along with this the working age population peak in and continues to decline . low wages compar to other industries and cause productivity is low labor shortages are likely to occur. As labor shortages come more seriohow to save labor in existing business processes is an important issue. Reference source White Paper on Health Labor and Welfare.
Ministry of Health Labor and Welfare
Complicat inventory management Optimizing inventory management is one of the most important management issues for retail companies. Insufficient inventory leads to the loss of sales opportunities due to shortages while excess inventory leads to Email Data increas management costs and worsening cash flow. In recent years there has en an increasing trend in the numr of retailers operating both physical stores and e commerce sites . Few companies are in trouble. As a result retailers face the challenge of how to integrate offline and online channels and build an efficient sales system.