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4-fire-prevention-ideas-for-demand-forecasting-and-lead-time-forecasting

4 Ideas to Improve Inventory Replenishment
Demand Planning and Forecasting, Replenishment teams often refer to themselves as firefighters, we get it. The problem often is you don’t identify the key issue in time. You throw water on the urgent and lose sight of the important event that has turned into a blaze. Here are some ideas to help you focus on the root issues in your planning, demand forecasting and replenishment processes.

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data-seasonality

We all know snow shovels aren’t going to sell in the summer and beach towels will flop in December. Most of us can identify general seasonality and spot a really bad seasonal index by applying simple common sense. But do you front-load your key seasons or reduce orders because your replenishment system doesn’t quite get the job done? This is just one of the seasonal index mistakes often made.

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Pick a Tree For Christmas