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Dive Brief:
Target reported higher inventory productivity in Q1, with inventory turns up 10% year over year, EVP and COO Lisa Roath told analysts during a May 20 earnings call.
The gains come as the retailer pushes to improve connectivity between its upstream and downstream processes across its operations to improve inventory reliability, Roath said.
“That means starting with optimized merchandising decisions that impact how product is received within our network and how that product flows through the system,” Roath said.
