Tag: Inventory Optimization

Analytics
Andrew Fowkes 0
In stock we trust

Success in the retail space boils down to one simple function: the conversion of sales. However, retailers can only do this if they have stock readily available. Missing a sales opportunity due to poor stock management just won’t cut it in today’s marketplace. How can we resolve this basic problem

Bob Davis 0
What does a successful supply chain look like?

I had the opportunity to interview an award-winning, fast-moving, consumer packaged goods (CPG) company in the early 2000’s. They were recognized as one of the best supply chain companies in the United States by all of the major retailers and their CPG peers. Indeed, it seemed every time a new

Bob Davis 0
Follow the Inventory

When I visit with customers or potential clients, they often ask, "Where should I start in order to get a handle on my supply chain?" There is no clear and concise answer, but I usually say "Follow the inventory!" Inventory is a result of decisions made, not the cause. When you

Leo Sadovy 0
Why analytic forecasting?

Because you are already halfway there and you should want the entire process to be data-driven, not just the historical reporting and analysis.  You are making decisions and using data to support those decisions, but you are leaving value on the table if the analytics don't carry through to forecasting.  In the

Analytics
Leo Sadovy 0
The value is in the network

Dateline: October 4, 2012 – Facebook reaches one billion users! One billion people connected on a single platform; one-seventh of the world’s population.  If you assume 40,000 BCE as the start of modern humans, it took the planet 41,804 years to reach a population level of one billion; it took