Hottest Inventory Optimization Goals Set for 2013 As we close 2013, let’s review the 5 most popular areas that supply chain people said they wanted to improve. Our research and resulting blog released January 7 of 2013 highlighted 5 areas you said you wanted to improve; how did you do? What areas of your supply […]
Holiday sales kicked off to the slowest start since 2008 according to many reports. The lack of sales and margin is highlighting the bigger issue facing retail/ wholesale companies: old supply chain technologies and processes that no longer fit the customer demand buying patterns. The result of poor supply chain software and process is excess […]
You are scared of change, and so are most people. It is a basic human emotion that we all fear change. When faced with the need for change, reality sets in, and you’re reminded that the world changes constantly. A business that doesn’t change is doomed to fail. This sounds harsh, but history teaches us […]
You might be asking why do I need Inventory Optimization? – To increase your profits and cut your costs. A truly optimized inventory results in lower inventory and lower lead times by creating a balancing act of acquisitions cost, carrying cost, vendor minimums, price breaks, gross margin, sales dollars and service goals. Retailers need to […]
Do you know the root causes of the four common inventory issues: out of stock, overstock, bumpy cash flow, and lost sales? Your goal is to have the right products in the right quantity at the right locations just in time to sell with terms from your supplier that allow you to use your money […]
Leading mid-market SaaS Supply Chain & Planning solution highlighted by Gartner Atlanta, September 17, 2013 – Data Profits Inc. has been selected by Gartner Research to be included in their latest research report titled “The Gartner Retail Forecasting and Replenishment Vendor Guide, 2013,” published in August 2013. In this annual guide, Mike Griswold, Research VP […]
You experience inventory issues on a regular basis – Out of Stocks, Overstocks, Bumpy Cash Flow, and Lost Sales, happen in your retail business, some weeks have a multitude of these issues at the same time. What is the solution, is there a single answer or at least a solution that solves a large percent […]
Hottest Summer Topics of 2013: LeadTime and Seasonality LeadTime, Lead Time Forecasting and Seasonality /Market Trends are the top interest blogs (stories) from Summer 2013. Based on the number of blog viewers and average time each viewer spent on each page, the following five blogs are 3-1 favorites from Summer 2013. These blogs indicate the key […]
Slow demand products make up 35-40% of most retailer assortments. These products often are critical to the assortment because a top 20% product is often paired with a selection from an assortment of slow demand product choices. This large group of products in your assortment can ruin your turn goals and your GMROI when managed […]