Demand forecasting is the process of analyzing customer demand and determining the number of units required to maintain sufficient supply without shortage or overstock. This form of inventory ...
An Oracle NetSuite business guide discusses best practices for inventory forecasting. Specifically, the business guide is an all-inclusive guide to inventory forecasting, including the 5 key elements ...
How well production levels match actual demand is an important factor in company performance. If production is too low, the company can't meet demand, has dissatisfied customers and loses sales. If ...
AUSTIN, Texas--(BUSINESS WIRE)--E2open, the one place in the cloud to run your supply chain, announced today the release of its 2019 Forecasting and Inventory Benchmark Study, an in-depth analysis of ...
Alex Koshulko is a leading supply chain planning expert with over 10 years of experience. Ph.D. CEO and cofounder of GMDH Streamline. Many supply chain managers I’ve talked to over the past several ...
Inventory Boss continues its series with a new guide on best practices for effective ecommerce demand forecasting, helping sellers optimize their inventory. Understanding demand forecasting is crucial ...
Picture a single forecasting mistake triggering a cascade of negative consequences, such as surplus inventory, strained supplier relationships and disappointed customers. In today's world, accurate ...
"I wish I had all of the money that I have invested in inventory management solutions," exclaimed a frustrated Chief Financial Officer when I visited him last week in his mahogany office complex. "We ...
A survey of corporate retail professionals conducted by Wakefield Research and Bossa Nova Robotics found 73% of respondents consider inaccurate forecasting "a constant issue" for their store. Another ...
As a retailer that began its journey in the catalog business, L.L.Bean has taken many steps to evolve its supply chain to cater to consumer demand. The latest move has lengthened and improved its ...