Inturn, the B2B SaaS platform that modernizes the way brands sell slow-moving and excess inventory, will support the launch of its next-generation enterprise software solution that standardizes and optimizes inventory disposition for consumer brands, with a new partnership with SAP. Inturn already powers some of SAP’s customers in the fashion, apparel, footwear and consumer product categories. In light of current events, the partnership offers support to brands and retailers who now need to conduct business remotely. The solution will allow companies to better “optimize excess inventory levels, working capital and avoid waste.” “Slow-moving and excess inventory management continue to be a major challenge across all consumer verticals with widespread reports of increased inventory levels, unpredictable demand and unprecedented sales volatility,” said Ronen Lazar, cofounder and chief executive officer of Inturn. “Companies are actively looking to better align their supply chains with world markets and these organizations will look to technology to better predict and manage their slow-moving and excess inventory to gain this alignment.” Additionally, the partnership of Inturn and SAP’s ERP solutions will allow organizations to take full control of the process and enables company-wide visibility and recovering cash faster. The platform will act as a centralized system of record, giving full
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