6 Seasonal Index Mistakes You Dont Want to Make
We all know snow shovels aren’t going to sell in the summer and beach towels will flop in December. Most of us can identify general seasonality and spot a really bad seasonal index by applying simple common sense. But do you front-load your key seasons or reduce orders because your replenishment system doesn’t quite get the job done? This is just one of the seasonal index mistakes often made.
Stuart Dunkin is a strategic visionary who leads by calling on his broad range of experience as a former retail executive as well as a consultant for top retailers and for the E3/JDA software company. He founded Data Profits to solve a real-world problem plaguing retailers today – the disjointed relationship between supply chain data, people and business goals. He has experienced first-hand the challenges and frustrations that occur when decisions are made based on wrong data, which often leads to the wrong actions being taken with crippling results like overstock, out-of-stock, and increased working capital.
Stuart graduated from Auburn University, with bachelor of science in business administration.
Stuart graduated from Auburn University, with bachelor of science in business administration.
Latest posts by Stuart D (see all)
- Demand Forecasting: The Ultimate Secret for Your Organization’s Success - August 7, 2024
- How to Avoid Carrying Cost Mistakes in Inventory Optimization - June 10, 2024
- 3 Common Forecasting Software Issues and How to Fix - May 20, 2024
