Which inventory management approach, adopted by major retailers like Zara and H&M, has been credited with reducing overproduction waste by up to 30% in the fashion industry?

Sustainable inventory management has become a critical focus for retailers looking to reduce waste and improve their environmental footprint. As consumers become more environmentally conscious, retailers are implementing innovative inventory systems and technologies. This trivia question explores a groundbreaking approach that has significantly reduced waste in the retail supply chain while improving profitability.

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Just-in-Time (JIT) manufacturing with real-time data analytics
Quarterly bulk ordering with seasonal forecasting
Blockchain-based inventory tracking with supplier integration
AI-powered dynamic pricing with automatic markdown scheduling