Author Archive for: Stuartd

You are here: / / Stuart D

Entries by Stuart D

Critical Steps to Forecasting Replenishment for Demand Planning

in /by

Forecasting replenishment correctly and following standardized inventory replenishment processes continue to deliver significant returns to retailers, wholesalers, and manufacturers. For the retailer/ wholesaler/ manufacturer ready to move away from legacy technologies, tremendous opportunities cost 50-90% less than legacy systems. We know forecast accuracy in the 90% range delivers a significant increase of 15% or more in shareholder […]

Expert Investment Buying Tips for your Optimized Inventory Replenishment

in /by

Inventory Investment Buying (forward buying) is a strategic part of the buying role that many companies don’t realize today. The truth: Investment Buying that is based on accurate demand forecasting and effective inventory optimization processes delivers significantly higher gross margins, better GMROI, and balanced inventory levels.Buying and maintaining inventory is often viewed as a cost […]

Is your Promotion Planning and Execution Process Out of Date?

in /by

Promotions are Vital for Greater Revenue and Reduced Inventory In-Store trade promotions are the lifeblood of the supermarket industry and discount retailer. Trade promotions include products featured in ads and in-store circulars, products displayed on end of aisle caps or away from their normal shelf location, and products with temporary price reductions. They create Trial […]

Why Sales Forecasting Systems are Wrong for Inventory Replenishment

in /by

Sales Forecasting is the wrong tool for inventory replenishment and inventory planning. Sales Forecasting, by its very name itself, is a measure of total sales. In our last article, we discussed that the key difference between sales forecasting and demand forecasting is whether (or not) sales data is broken out into the type of sale, […]

Seasonal Index Lessons from History

in /by

Reviewing Seasonal Indexes is critical for an accurate demand forecast. Seasonal Indexes, also called seasonal multipliers, are used to adjust the demand forecast by multiplying the product base forecast by a multiplier. The effect will raise or lower the demand forecast for the time period, often a week or month. The results are often used […]

Slow and Intermittent Product Demand Forecasting Facts & Myths

in /by

Slow and Intermittent products comprise 35-40% of most retailer assortments.  These products are often critical to the assortment because a top 20% product is frequently paired with a selection from an assortment of slow-demand product choices.  When managed incorrectly, this large group of products in your assortment can ruin your turn goals and your GMROI..  […]

Proof: Improving Forecast Accuracy delivers High ROI

in /by

A mountain of research today shows that improving forecast accuracy delivers a high ROI. Improved forecast accuracy, when combined with software that translates the forecast into demand-driven events, will decrease inventory and operating cost, increase service and sales, improve cash flow and GMROI, and increase pre-tax profitability. Lowering Inventory and Raising Sales at the Same […]

How To Get Rid of your Planners Once and for all

in /by

Demand-Driven Forecasting discussions seem to run into a debate on the differences between demand forecasting and planning. We know how new technologies have moved beyond many planner job descriptions, some still think a planner and inventory manager are the same. Unfortunately, many people don’t realize the value proposition that bottom up, demand-driven retail delivers; they […]

Inventory Optimization and Supply Chain Visibility: Top 5 Blogs of 2012

in /by

Hottest Topics of 2012: Inventory Optimization and Supply Chain Visibility Inventory Optimization and Supply Chain Visibility are the top interest blogs (stories) from 2012. 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 2012. These blogs indicate the key areas […]

Time to Tighten the Links in Your Chain™

Talk to Sales

Contact Us

Follow Us

SaaS Supply Chain Solutions

Planning & Optimization

BI Tools & Business Analytics

Industries

Professional Services

Copyright © 2023 Data Profits Inc. All rights reserved. No part of this site may be reproduced in any form without the specific written permission of both Data Profits, Inc. and ICS.