The Supply Chain and Inventory Planning Blog

Goodbye Grogu...>$30M of inventory heads to landfill

Inventory overproduction is a well-known issue in the supply chain industry, and it can be a costly problem for companies. Inventory distortion...

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Should You Raise Your Retail Prices?

You may have noticed your car is a little bit more expensive to fill up, or that guac is even more extra these days. Inflation is certainly upon us....

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How to Plan your Inventory for Holiday 2021

With so many changes to consumer spending habits, it can be difficult to keep up with what consumers want and need. This holiday season is no...

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What You Need to do with that Black Friday/Cyber Monday Analysis

The mega shopping event has come to a close and by now you likely know if you met your goals or not. But what about the details? The analysis of this...

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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...

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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 time...

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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...

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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...

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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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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...

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