Zero Inventory Retail Business Model
I recently came across a company, CornerStone which has implemented a unique retail business model where the physical stores do not hold any inventory at all. All the inventory is maintained at the central warehouse from where all shipments are made. I think they should go one step further and tailor the garment only upon the receipt of an order. They also provide an online store from where you can purchase. The business model is unique in the industry as it combines the best and worst of the virtual and real world models. Low or zero inventory at the retail […]