Author Archive for: Stuartd

Entries by Stuart D

How to Avoid Carrying Cost Mistakes in Inventory Optimization

Inventory optimization has two significant components: acquisition cost and carrying cost. If either of these factors is inaccurate, you could be leaving money on the table. An accurate carrying cost calculation can be the difference between a highly profitable inventory optimization program and one that forces you to close your doors. Carrying Cost Mistakes: Inventory Optimization […]

3 Common Forecasting Software Issues and How to Fix

You Are Probably Experiencing these Forecasting Problems Demand Forecasting should be a forecast of future needs for your customers. Most people need to notice the little things wrong in their forecasting software that result in expensive overstocks and out-of-stocks. Three Common Forecasting Software Issues are:

The Truth About Demand-Driven Inventory Replenishment

The Missing Component in Replenishment Software Demand-Driven Inventory Replenishment Approach sounds nice.  Moreover, if your inventory replenishment software relies on demand forecasting and include demand concepts to figure out which items to order, when to order them, and how many to order. Tell us have you reached perfection? Sadly, most inventory replenishment software apps are […]

Data Profits in Gartner’s 2017 Retail Replenishment and Forecasting Software Guide for the Sixth Year

Atlanta, Georgia – Feb 13, 2018 – Data Profits Inc. (, a leading provider of mid-market retail forecasting and replenishment software, is proud to announce that they have been included in the prestigious Gartner Inc. 2017 Market Guide for Retail Forecasting and Replenishment Solutions. This Guide was compiled by Gartner Research VP, Mike Griswold, who […]