Archive for year: 2024

How to Avoid Carrying Cost Mistakes in Inventory Optimization

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Inventory optimization has two significant components: acquisition…

3 Common Forecasting Software Issues and How to Fix

You Are Probably Experiencing these Forecasting Problems Demand…

The Hidden Connection: Lead Time And Inventory Optimization Explained

What is Lead Time? Why Is it Important? Lead Time is the length…

The Truth About Demand-Driven Inventory Replenishment

The Missing Component in Replenishment Software Demand-Driven…

Why is Last Year’s Seasonal Index Not Applicable Now?

Is Your Demand Forecasting Solution Leading to Profits? A seasonal…
ignoring lost sales data in demand forecasting, oops

Neglecting Lost Sales in Demand Forecasting: A Costly Lesson for Retailers

Neglecting Lost Sales data in your demand forecasting math lowers…