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Dr. Larry Parker, an expert in supply chain management, discusses the significant changes in retail inventory levels over the past two years. He notes a drastic decline in inventory due to supply chain disruptions, which created bottlenecks and delays. As the conversation progresses, he anticipates a subsequent spike in inventory levels as the industry adjusts to these challenges. The discussion highlights the critical need for a reset of inventory strategies in response to these fluctuations in supply and demand dynamics.