Organizer Ltd. (Organizer) sells home organization solutions to customers. They have a wide range of products and three locations in the Greater Vancouver area. The company currently uses the retail inventory method to value their inventory at the end of each quarter.

Required:

Describe the information Organizer would need in order to apply the retail inventory method. Discuss how it might use data analytics and information systems to help apply this method and how it might help improve the reliability of the retail inventory method.