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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.
Copyright Data Profits 2016
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
You need time to
think and plan.
To be proactive,
not reactive.
Copyright Data Profits 2016
When do you take off
your fireman’s
hat?
Copyright Data Profits 2016
You may be familiar
with the
Eisenhower
Decision Matrix.
Copyright Data Profits 2016
Important &
Not Urgent
Important &
Urgent
Not
Important &
Not Urgent
Not
Important &
Urgent
Copyright Data Profits 2016
What is Urgent is
rarely Important,
and what is
Important is rarely
Urgent.
Copyright Data Profits 2016
In other words:
FIRE PREVENTION
Copyright Data Profits 2016
So how do you
prevent fires in
your retail
business?
4WAYS
Copyright Data Profits 2016
Demand Forecasting
Not Sales Forecasting
Copyright Data Profits 2016
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
Measure Forecast Accuracy
Copyright Data Profits 2016
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
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
Don’t Take Chances with Lead Times
Copyright Data Profits 2016
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
Exception Management
Copyright Data Profits 2016
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
What’s
important to
you?
Let us help
you find it!
Copyright Data Profits 2016
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
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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Forecasting and replenishment fire prevention slideshare

  • 1. Why Some Demand Plans “Burst” Into Flames in Your Location Channels Copyright Data Profits 2016
  • 2. Sometimes in retail, we feel like all we are doing is putting out fires. Copyright Data Profits 2016
  • 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. You need time to think and plan. To be proactive, not reactive. Copyright Data Profits 2016
  • 5. When do you take off your fireman’s hat? Copyright Data Profits 2016
  • 6. You may be familiar with the Eisenhower Decision Matrix. Copyright Data Profits 2016
  • 7. Important & Not Urgent Important & Urgent Not Important & Not Urgent Not Important & Urgent Copyright Data Profits 2016
  • 8. What is Urgent is rarely Important, and what is Important is rarely Urgent. Copyright Data Profits 2016
  • 9. In other words: FIRE PREVENTION Copyright Data Profits 2016
  • 10. So how do you prevent fires in your retail business? 4WAYS Copyright Data Profits 2016
  • 11. Demand Forecasting Not Sales Forecasting Copyright Data Profits 2016
  • 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
  • 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. 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. Don’t Take Chances with Lead Times Copyright Data Profits 2016
  • 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
  • 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. What’s important to you? Let us help you find it! Copyright Data Profits 2016
  • 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. 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