Demand Forecasting software will measure and account for Lost Sales, overstock and closeouts. These are three pitfalls of not having a demand forecasting software solution. Sales forecasting methods doom you to repeat last years sales. Without real Demand Forecasting, tracking lost sales is only a KPI.
Atlanta, March 16, 2017 Data Profits provides Distributors, Retailers, and Wholesalers with Demand Forecasting and Inventory Replenishment Collaboration tools needed for Omni-Channel success. Data Profits goal is to exceed our customers’ expectations with new tools needed for end to end collaboration. Unlike our competitors, we allow customers to determine the tools screens, alerts and degree […]
Powerful SaaS Software Provides Retailers with Superior ROI via Unique Forecasting & Replenishment Business Intelligence Capability Atlanta, Georgia – February 2, 2017 – Data Profits Inc. (www.Data-Profits.com), 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. 2016 Market Guide for […]
With the holidays right around the corner, demand forecasting is the name of the game in the retail sector. Making up 20% of gross sales across the industry and as much as 30% total, ensuring that your business is in position to reap as much business from the holidays is important. But to do so […]
One of my rights of passage as a kid during this time of year was a trip to a Haunted House. To this day I love a good haunted house. It provides the opportunity to forecast what will pop up where and when. What room has the chainsaw, when will the plastic skeleton pop up, […]
Visiting a Haunted House this time of year was a rite of passage for me as a kid. To this day I love a good haunted house, forecasting what will pop up where and when? What room has the chainsaw, when will the plastic skeleton pop up, and how bad will the sound effects and […]
4 Ideas to Improve Inventory Replenishment Demand Planning and Forecasting, Replenishment teams often refer to themselves as firefighters, we get it. The problem often is you don’t identify the key issue in time. You throw water on the urgent and lose sight of the important event that has turned into a blaze. Here are some […]
Can you find new ideas to improve your inventory replenishment and / or supply chain in under three minutes? Do you find training materials and great ideas shared on the web by your software and other supply chain companies? Does your software support site provide a full offering of concepts and ideas that utilize support […]
Atlanta, September 27, 2016 Data Profits, launches a new user-friendly and highly responsive Web site today. The new website will cover relevant topics like Forecasting to meet our user groups’ needs. The goal at Data Profits is always to exceed our user groups’ expectations. Our customers wanted better teaching materials that focused on demand forecasting […]
How do you plan for promotional inventories? The goal is to increase inventory amounts at the right locations to meet service goals and maintain additional inventory until the end of the promotion. After the promotion ends, the inventory should be back to the basic inventory level needed to meet service. The key piece being how […]