Which inventory management technique did Nike first implement in 2019 that reduced excess seasonal inventory by 30% across its retail locations?

The sports retail landscape has evolved dramatically with data analytics revolutionizing inventory management. Major sporting goods retailers use sophisticated systems to predict demand during key sporting events and seasons. Test your knowledge about how top sports retailers leverage technology to maintain optimal inventory levels and maximize sales during peak sporting seasons.

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Dynamic Pricing Algorithm based on athlete endorsement activities
Consumer Demand Sensing (CDS) technology that analyzes social media sports trends
RFID-based Just-In-Time delivery system for game day merchandise
Weather-pattern prediction software for seasonal equipment stocking