How to Prepare for the Challenges of Inventory Planning
If you’re reading this, by now you likely understand the benefits of inventory planning: accuracy in revenue, increase in profitability, and the...
How to Forecast Demand in 4 Easy Steps
Overwhelmed by the world of inventory planning? The key to easily forecasting demand is a buttoned up process that can be repeated at specific...
A Brief Introduction to the Different Types of Forecasting Techniques
The function of inventory planning is to order the right quantity of any given product at the right time. But how exactly does one know what the...
What is Demand Planning? A Brief Introduction
Demand planning, also known as inventory or merchandise planning and forecasting, is the process of calculating consumer interest in order to...
9 Ways to Deal with Out-of-Stock Inventory
Did you sell out of a product too fast? Or maybe you’re facing supply chain challenges and delays in shipments. You’re not alone. Out of stock (OOS
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supply chain management
merchandise planning
inventory planning
supply chain optimization
demand forecasting
ecommerce
industry
inventory
inventory management system
retail
4 major supply chain mistakes and the brands that endured them
As the old saying goes, everyone makes mistakes. From misinterpreting trends to software issues, it’s no surprise some retailers are paying closer...
supply chain
supply chain management
merchandise planning
inventory planning
supply chain optimization
demand forecasting
ecommerce
industry
inventory
inventory management system
retail
Unlocking Amazon's secret to success: supply chain
Since launching in 1994 as an online bookseller, Amazon has notoriously evolved into the world’s highest-valued company by offering cloud...
A day in the life of a Merchandise Planner
You may be wondering what exactly a planner does with their time, besides the obvious planning. Put simply, your main responsibility as a planner...
What's the difference between a Buyer and a Planner?
While the two go together like peanut butter and jelly, there are key differences between the role of a Buyer and that of a Planner. For instance:
supply chain
supply chain management
merchandise planning
inventory planning
supply chain optimization
demand forecasting
digitally native brands
ecommerce
inventory
3 things eCommerce brands can learn from Amazon Prime Day
This year’s Amazon Prime Day was record breaking generating $1 bn in sales. Not only did Amazon beat it’s own Black Friday and Cyber Monday sales,...
