Retailers worldwide have the opportunity to increase revenues 7.5% without opening another store, expanding to another region, or taking on another store remodel.  This is the amount that retailers lose worldwide in terms of revenue from Out-of-stocks and excess discounts from Overstocks, an amount that nears the annual GDP of Australia.

 This is the genesis of the title of new research from IHL titled appropriately enough, "We Lost Australia! Retail's $1.1 Trillion Inventory Distortion Problem."

"Enhanced forecasting tools and focus have helped recoup $10 Billion in losses in North America and Western Europe in the last 3 years," said Greg Buzek, President of IHL Group. "But an expanding global middle class and retail expansion increased the total inventory distortion problem worldwide."

 The combined worldwide cost of poor merchandise planning alone leading to Out-of-Stocks and Overstocks is $452 Billion, an amount greater than the entire retail economy of Canada. 

 Some Key Highlights of the new research include the following:

• Inventory Distortion costs retailers nearly $158 for every man, woman, and child on the planet.

• Over $252.3B a year is the cost of Inventory Distortion in North America, an amount the equivalent of the annual revenues of Kroger, Home Depot and Target combined.

• The Asia/Pacific region contributes 39% of all inventory distortion.

We Lost Australia! Retail???s $1.1 Trillion Inventory Distortion Problem is available immediately.  Single Use, Enterprise, as well Distribution Licenses are available.  

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