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 ...
People excel at spotting patterns and making adjustments based on feedback, while computers excel at processing huge amounts of data quickly. Put those capabilities together and you have machine ...
Guess Right: Boost the Accuracy of Your Demand Forecast discusses the topic of forecasting inventory needs. The author, Jon Schreibfeder of Effective Inventory Management, advises the reader to ...
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 ...
Anticipating and incorporating demand, particularly for highly seasonal and weather-dependent items, is crucial to delivering an exceptional customer experience while maintaining accurate inventory ...
Market pressures can sometimes seem as if they fall out of the sky. If your business depends on having the right inventory at the right time, anticipating what you’ll need and when you’ll need it up ...
"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 ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Weather significantly impacts retail, yet many underutilize ...
ATLANTA--(BUSINESS WIRE)--Manhattan Associates Inc. (NASDAQ: MANH) announced today that Lamps Plus, the nation’s leading specialty lighting retailer, has implemented Manhattan’s Demand Forecasting and ...