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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Would better forecasting accuracy be a good thing? Absolutely!

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What is Lean Retail (+ Why Retailers Must Embrace It)

ToolsGroup

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. How lean retail impacts business goals and revenue targets.

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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas. .”[3]

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Do You Want to Sell on Amazon.com? Their Cyber Bots Demand Strong Fulfillment Performance

Logistics Viewpoints

NBG Home Uses a Software Solution from CommerceIQ. NBG Home has implemented a solution from CommerceIQ to increase sales in their indirect channels. The CommerceIQ solution also helps there. Half of those ecommerce orders are fulfilled using drop shipping. Keeping a human customer is hard enough.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions. Do you want to be managing people?

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The fundamentals of demand planning and forecasting

EazyStock

Demand planning has two main functions: determining the right inventory levels to meet demand and helping inventory managers with capacity planning to use space and resources most efficiently. Determining the right stock levels to meet demand is vital for customer satisfaction.

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The fundamentals of demand planning and forecasting

EazyStock

Demand planning has two main functions: working out the right inventory levels to meet demand and helping inventory managers with capacity planning to use space and resources most efficiently. Working out the right stock levels to meet demand is vital for customer satisfaction. Gather internal and external data.