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What is Temu?
Planet Money
Optimizing Inventory Management through Customer Patience
The key to solving the inventory problem in e-commerce lies in persuading customers to wait a little longer for their orders. By delaying shipment by a week or two, businesses can accurately gauge demand, inform suppliers, and eliminate the need for inventory stock. This approach not only prevents excess inventory costs but also optimizes the production process by ensuring suppliers make products based on confirmed demand.
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