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Forecasting and replenishment fire prevention slideshare

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Forecasting and replenishment fire prevention slideshare

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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. Your time should be spent on seasonal planning, demand forecasting, vendor collaboration, and other proactive activities. When do you take off your fireman’s hat and let the small fire burn for the greater good?

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. Your time should be spent on seasonal planning, demand forecasting, vendor collaboration, and other proactive activities. When do you take off your fireman’s hat and let the small fire burn for the greater good?

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Forecasting and replenishment fire prevention slideshare

  1. 1. Why Some Demand Plans “Burst” Into Flames in Your Location Channels Copyright Data Profits 2016
  2. 2. Sometimes in retail, we feel like all we are doing is putting out fires. Copyright Data Profits 2016
  3. 3. 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. Copyright Data Profits 2016
  4. 4. You need time to think and plan. To be proactive, not reactive. Copyright Data Profits 2016
  5. 5. When do you take off your fireman’s hat? Copyright Data Profits 2016
  6. 6. You may be familiar with the Eisenhower Decision Matrix. Copyright Data Profits 2016
  7. 7. Important & Not Urgent Important & Urgent Not Important & Not Urgent Not Important & Urgent Copyright Data Profits 2016
  8. 8. What is Urgent is rarely Important, and what is Important is rarely Urgent. Copyright Data Profits 2016
  9. 9. In other words: FIRE PREVENTION Copyright Data Profits 2016
  10. 10. So how do you prevent fires in your retail business? 4WAYS Copyright Data Profits 2016
  11. 11. Demand Forecasting Not Sales Forecasting Copyright Data Profits 2016
  12. 12. 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 Copyright Data Profits 2016
  13. 13. Measure Forecast Accuracy Copyright Data Profits 2016
  14. 14. A bad forecast is like an ember waiting for a good breeze or a match waiting for someone to strike it. Copyright Data Profits 2016
  15. 15. 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. Copyright Data Profits 2016
  16. 16. Don’t Take Chances with Lead Times Copyright Data Profits 2016
  17. 17. 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!! Copyright Data Profits 2016
  18. 18. Exception Management Copyright Data Profits 2016
  19. 19. Use tools to help you filter thru the piles of information and define what is important to you. DELEGATE TO A COMPUTER! Copyright Data Profits 2016
  20. 20. What’s important to you? Let us help you find it! Copyright Data Profits 2016
  21. 21. 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. Copyright Data Profits 2016
  22. 22. Request FREE Demo Follow us on LinkedIn, Twitter, and YouTube to receive the latest info about tutorials, articles, and more. “ Tighten the Links in your Chain™ ” Copyright Data Profits 2016

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