Many distributors fall into the habit of making inventory decisions by gut instinct. Understandable? Yes, considering the vast amounts of historical data that purchasing teams must weigh against future marketplace volatility. Unavoidable? Also yes! Especially when purpose-built AI tools exist.
Jason caught up with Conor Leen, co-founder and president of Lantern, to learn about the company's cutting-edge forecasting methodology and solutions to perennial supply chain pain points like overbuying, missed seasonal stock opportunities, and branch allocation mismanagement. The pair also discuss Lantern's "distribution first" origin story and service-oriented company culture.
Distribution Talk is produced by The Distribution Team, a consulting services firm dedicated to helping wholesale distribution clients remove barriers to profitability, generate wealth, and achieve personal goals.
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