Rather than recapping 2020, I’d rather look onward. There have been a ton of retail supply chain changes this past year. Some will last, others will not. Let’s collectively lick our wounds and look forward. Here’s 5 predictions for the retail supply chain in 2021.
Much has been made of relatively low inventory levels across the retail supply chain this year. The inventory-to-sales ratio currently stands at 1.31, down from 1.40 this time last year. We at FreightWaves have touted this data as evidence for a continuation of the freight bull-run we’ve experienced in the back half of the year. But too few have analysed the disparity in growth rates between retail sales and import volumes.