In a time when retailers face ongoing challenges of shrink and loss, Five Below embarked on a transformative journey to optimize their inventory management processes. Discover how they successfully transitioned from reliance on third-party vendors to self-directed inventory counting, leveraging enhanced inventory visibility to drive significant improvements in operational efficiency and retail loss reduction.

Discussion highlights:

• Understand the strategic shift Five Below made towards self-directed inventory counting.
• Explore the innovative approaches adopted to enhance inventory visibility and real-time management.
• Examine the tangible benefits achieved, including cost reductions, accuracy improvements, and organizational impact.