Forecasting and replenishment fire prevention slideshare
Post on 16-Apr-2017
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Why Some
Demand
Plans “Burst”
Into Flames
in Your
Location
Channels
Copyright Data Profits 2016
Sometimes in retail, we feel
like all we are doing is putting
out fires.
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We get bogged down in this week’s
problems so much so that we forget
to prevent next month’s or next
season’s fires.
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You need time to
think and plan.
To be proactive,
not reactive.
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When do you take off
your fireman’s
hat?
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You may be familiar
with the
Eisenhower
Decision Matrix.
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Important &
Not Urgent
Important &
Urgent
Not
Important &
Not Urgent
Not
Important &
Urgent
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What is Urgent is rarely Important,
and what is Important is rarely
Urgent.
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In other words:
FIRE PREVENTION
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So how do you
prevent fires in
your retail
business?
4WAYS
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Demand Forecasting
Not Sales Forecasting
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Don’t just be satisfied with
an increase on last year’s
sales. Remember:
Lost
Sales
Promo
Sales
Calendar
Changes
CLICK
here to
read
more!
Market
Trends
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Measure Forecast Accuracy
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A bad forecast is like an ember waiting for a
good breeze or a match waiting for someone to
strike it.
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It will have negative effects
on your orders, your in-
stocks, your open to buy, and
more, growing into a greedy
blaze before you know it.
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Don’t Take Chances with Lead Times
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Even the best laid plans
often go awry. Help
yourself, and your vendors,
to some fire prevention
with lead time forecasting.
Money-saving
Lead Time
Forecasting
tips
Ka-Ching!!
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Exception Management
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Use tools to help you
filter thru the piles of
information and define
what is important to you.
DELEGATE TO A COMPUTER!
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What’s
important to
you?
Let us help
you find it!
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Our iKIS™ demand
forecasting and supply
chain solution has robust
exception management
and collaboration tools to
help you and your team
ditch the firefighter
equipment for good.
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Request FREE Demo
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“ Tighten the Links in your Chain™ ”
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