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Data Profits’ Proven Demand Forecasting Retail Inventory Solution Now Available for Grocery

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Data Profits’ iKIS Provides Grocery Industry with Demand Forecasting, Alert and Exception Management and Complete Supply Chain Visibility Atlanta, October 2, 2012 – Grocers now have access to best-in-class demand forecasting, customizable exception management, and VMI with the Data Profits’ (https://data-profits.com) iKIS solution, which reduces loss in the supply chain and increases profits. Data Profits’ […]

Inventory Optimization: Putting it in to Practice

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We’re wrapping up an informative series on inventory optimization today: we’d like to give you some advice on actually putting it all in to practice. If you haven’t been with us throughout the month, the series has included: What’s the Payoff? What are the aims of Inventory Optimization? We argue that Inventory Optimization aims to […]

The 3 Most Ignored (and Profitable) Factors in Inventory Optimization

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When is the last time your Inventory Optimization (IO) program saw the inside of a warehouse, the bed of a truck, or a container floating across the ocean? Most inventory optimization programs overlook the harsh realities of replenishment and logistics. How does your program stack up? Note: We’re in week four of our series on […]

Carrying Cost: Clean up your Inventory Optimization Fuzzy Math

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Inventory optimization is based upon two major components: acquisition cost and carrying cost. If either of these factors is inaccurate, then 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 […]

Inventory Optimization: Is Your Acquisition Cost Off-Balance?

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Inventory Optimization – Do you know your Acquisition Cost In today’s tight economy, retailers like you are constantly looking for the best and most profitable ways to grow their business. Last week, we talked about inventory optimization and how a truly optimized inventory results in lower inventory and higher profits by managing a balancing act […]

Has Inventory Optimization Left you Out-of-Stock and Over-Stocked?

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Inventory Optimization doesn’t mean Out-of-Stock or Over-Stock Just last week, I was talking with a retailer who wanted to know how his optimized inventory resulted in overstock and out-of-stock at the same time. I hear this question all the time and the answer is simple. They don’t have a true demand driven optimized inventory because […]

Lead Time Forecast in Today’s Customer-Centric Retail Environment

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As we discussed in part one of our Lead Time Forecasting series, time is money and an accurate lead time forecast is critical for your business.  Lead Time forecasting is considered the time from when a Purchase Order is placed until the goods are ready and available to sell or ship off the shelf.  This […]

Data Profits iKIS Lead Time Forecasting Engine Provides Retailers ROI in 90 Days

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Atlanta, July 17, 2012 – Data Profits (www.data-profits.com), developer of the iKIS™ solution delivers demand forecasting, inventory management, and collaboration tools to leading wholesalers/distributors, suppliers, and mid-tier retailers, announced today continued success with its iKIS Lead Time Forecasting Engine which provided a return on investment in less than 90 days for a Top 100 North […]

Data Profits Provides Top 100 Consumer Electronics Retailer with 98% Forecast Accuracy

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Business Intelligence Tools Deliver Consumer Insight and Demand Forecast at New Levels of Detail and Accuracy Atlanta, June 28, 2012 – Data Profits (www.data-profits.com), developer of the iKIS™ solution which delivers demand forecasting, inventory management, and collaboration tools to leading wholesalers/distributors, suppliers, and mid-tier retailers, announced today a recent installation in a top 100 consumer […]

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