Synchronyze Store Warehouse Demand in a multi echelon environment (Nicolas Sprotti)

This document discusses using vendor managed inventory (VMI) to improve out-of-stock avoidance (OSA) and contribute to growth. It provides examples of how VMI has benefited companies like Danone Belgium and Billa, a retailer in Russia. Specifically: - VMI allows suppliers to manage a retailer's stock levels, using open data and placing orders. This can reduce total supply chain stock levels and the bullwhip effect while improving service levels. - Danone Belgium saw improved OSA results from using VMI. Billa also saw a 10% increase in OSA and 8.7% sales growth after implementing central ordering, a form of VMI. - VMI streamlines

Danone vmi presentation ecr 2010

This document discusses using vendor managed inventory (VMI) to improve out-of-stock avoidance (OSA) and contribute to growth. It provides examples of how VMI has benefited companies like Danone Belgium and Billa, a retailer in Russia. VMI involves the supplier managing the retailer's stock levels, using open data and ordering on the supplier's behalf. This reduces total supply chain stock levels and the bullwhip effect while improving service levels. The document outlines the key principles of VMI and how applying it upstream with suppliers can yield the same benefits as applying it downstream in the supply chain.

Retailmerchandisebudgetplannng

baabul

The document discusses merchandise planning and management systems for retailers. It describes staple and fashion merchandise categories and the different systems used for each. Staple items have predictable demand and use continuous replenishment systems. Fashion items have unpredictable demand and use merchandise budget plans and open-to-buy systems to allocate funds and monitor spending. The document provides details on how these systems work, including calculating order points, order quantities, and developing merchandise budget plans.

Inventory optimization and the informed business

BurCom Consulting Ltd.

Sage Inventory Advisor is a cloud-based inventory optimization solution that integrates with Sage ERP systems. It analyzes sales, purchasing, and supply chain data to forecast demand and recommend optimal replenishment levels. This helps businesses minimize stockouts and overages while maximizing profits. The solution classifies SKUs, detects potential problems, and monitors key metrics and supplier performance. It provides real-time recommendations to keep inventory levels aligned with policies. Sage Inventory Advisor is affordable and accessible from any device, providing an ROI-boosting way to optimize inventory.

Olga khrusheva. danone

VMI (Vendor Managed Inventory) can be used to improve out-of-stock levels (OSA) and contribute to business growth. VMI involves the supplier managing inventory levels at retail locations to reduce total supply chain stock and the bullwhip effect. When applied to the upstream supply chain between suppliers and manufacturers, similar benefits around stock reduction, service levels, and demand forecasting accuracy can be realized. Danone Belgium saw improved OSA results by implementing a central ordering team and key account executives to manage inventory levels and orders across multiple retail stores. Billa grocery stores in Russia saw a reduction in out-of-stock levels from 16.7% to 7% after implementing a central ordering system managed by V

This document discusses using vendor managed inventory (VMI) to improve out-of-stock avoidance (OSA) and contribute to growth. It provides examples of how VMI has benefited companies like Danone Belgium and Billa, a retailer in Russia. VMI involves the supplier managing the retailer's stock levels, using open data and ordering on the supplier's behalf. This reduces total supply chain stock levels and the bullwhip effect while improving service levels. The document outlines the key principles of VMI and how applying it upstream with suppliers can yield the same benefits as applying it downstream in the supply chain.

Retailmerchandisebudgetplannng

baabul

Inventory optimization and the informed business

BurCom Consulting Ltd.

Olga khrusheva. danone

M&S - RGIS OSA powered by Profitect

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The document describes the benefits of a shelf availability solution powered by Profitect. It helps retailers reduce out-of-stock items, damage, and shrink by analyzing inventory data collected during stock takes. The solution translates this data into key performance indicators, trends, and exceptions to identify issues and opportunities for improving on-shelf availability, stock levels, and store performance. Automated reports and alerts notify managers of problems to drive corrective actions, compliance, and increased availability and sales.

How to integrate volatile/non-transparent emerging markets into powerful S&OP...

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13. sales training sales forecasting

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Sales forecasting is important for businesses to plan investments, new products, and production capacity. There are two types of forecasts: macro forecasts examine total market demand, while micro forecasts focus on a product's market share. Forecasts are based on customer intentions and past sales data. An effective sales forecast breaks down past sales trends, seasonal factors, erratic events, and marketing responses. Time series analysis is commonly used to smooth data and identify patterns for projecting future revenues.

6 factors to consider when selecting a solution for demand forecasting

Symphony RetailAI

The document discusses key factors to consider when selecting a demand forecasting solution. It emphasizes that an effective solution should: 1. Greatly reduce manual intervention by forecasting teams through leveraging artificial intelligence and machine learning capabilities. 2. Be able to accurately forecast demand across all product categories, including fresh products, and account for factors like promotions, weather, and local events. 3. Share forecasts with suppliers to improve availability and reduce out-of-stock situations, especially for promoted items.

Retail toc get your hands dirty in the implementation - humberto baptista v1.0

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StockWise | Real-time predictive analytics app for inventory management

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StockWise is a real time analytics app that accurately predicts what, when and how much stock in your inventory you should reduce or replenish, in order to increase sales, maximise profit, minimise slow or dead stock and eliminate stockouts. It uses a powerful number crunching technology that can tackle the scale, complexity and frequency of computation associated with supply chain inventory management.

Ronald Menich, Chief Data Scientist, Predictix, LLC at MLconf NYC

MLconf

Retail Demand Forecasting with Machine Learning: For over two decades, time-series methods, in combination with hierarchical spreading/aggregation via location and product hierarchies, and subsequent manual user adjustments, have been a standard means by which retailers and the software vendors who serve them have created demand forecasts. The forecasts so produced are and were used as inputs to store and vendor replenishment, regular and markdown pricing, and other downstream decision support systems. The rise of machine learning — the advent of high-powered commercial product recommender systems such as books at amazon book and movies at netflix, of powerful search (e.g., google), text processing (e.g., Facebook) and sentiment analysis capabilities, IBM Watson, self-driving cars and the like — is real phenomenon based on academically-sound and industrially-proven techniques whose application to retail demand forecasting is ripe.

Erp in business

Amitava Sengupta

ERP systems integrate key functions like accounting, manufacturing, sales, and inventory management into a single system. ERP helps companies better manage resources like employees, materials, and machines to produce quality products for customers. It provides software to aid processes like sales orders, purchasing, production scheduling, and accounting. ERP gives companies tools to improve delivery performance, reduce inventory costs, and increase profits when implemented properly.

Right Stock At The Right Time

This document discusses issues with traditional inventory forecasting methods and the advantages of using a true inventory forecast management solution. It notes that relying on a single person's expertise and spreadsheets leads to problems like a single point of failure, lack of business logic, and inefficient manual processes. This can prevent having the right stock in the right place at the right time. Not doing so costs money in inventory carrying costs, estimated to be 15-25% of total inventory value annually, and lost sales. A true forecast management system integrates with operational systems, allows what-if analysis, and uses dimensional analysis to more accurately forecast inventory needs. This can help reduce costs while maintaining or improving customer service levels.

Right Stock At The Right Time

This document discusses issues with traditional inventory forecasting methods and the advantages of using a true inventory forecast management solution. It notes that relying on a single person's expertise and spreadsheets leads to problems like a single point of failure, lack of business logic, and inefficient manual processes. This can prevent having the right stock in the right place at the right time. Not doing so costs money in inventory carrying costs, estimated to be 15-25% of total inventory value annually. A true forecast management system integrates with operational systems, allows what-if analysis, and uses dimensional analysis to more accurately forecast inventory needs compared to error-prone spreadsheets. It concludes by offering to discuss optimizing distribution operations with their solutions.

Right Stock At The Right Time

Succession Planning

The document discusses succession planning for a NAPA auto parts store owner. It recommends starting succession planning early, developing a strategy that may involve transferring the business to a family member, key employee, or outside buyer. The owner should prepare the business for transition by keeping it profitable and maintaining strong financial records to demonstrate growth over time. Various equity plans are described that can help develop a key employee as a potential successor or new owner through restricted stock, stock appreciation rights, or phantom equity agreements.

Succession Planning

The document discusses succession planning for a NAPA auto parts store owner. It recommends starting succession planning early, developing a strategy that may involve transferring the business to a family member, key employee, or outside buyer. The owner should prepare the business for transition by keeping it profitable and maintaining strong financial records to maximize sale value and minimize taxes. Various equity plans are described to help develop key employees as potential successors or new owners through restricted stock, stock appreciation rights, or phantom equity agreements.

Trade smart case studies

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Relational Solutions a Mindtree Company

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Utkan Uluçay, MSc., CDDP

The document discusses challenges with managing supply chain inventory using traditional forecasting methods and proposes an alternative approach based on Theory of Constraints (TOC) principles. The key aspects of the TOC approach include aggregating inventory at a central warehouse, determining stock levels based on real consumption data from locations, replenishing locations frequently to maintain stock levels, and adjusting stock levels based on ongoing consumption monitoring. This pull-based approach aims to maintain availability while minimizing unnecessary excess inventory.

TradeSmart Case Studies

This document summarizes a presentation on Trade Promotion Intelligence. It discusses the challenges of current data repository systems and benefits of an ideal state. It then reviews the TradeSmart architecture, which automates data integration and allows users to access harmonized data. Several case studies are presented that show how the TradeSmart system can generate insightful reports and analyses to evaluate promotion performance and ROI.

INFORMATICA EASY LEARNING ONLINE TRAINING

ZaranTech LLC

This document provides an overview of key concepts related to data warehousing including: - It defines data warehousing and lists some of its key components like dimensional data modeling, star and snowflake schemas, and slowly changing dimensions. - It also discusses conceptual, logical, and physical data models and how they relate to each other. - Finally, it briefly introduces the concepts of data integrity, OLAP, and different OLAP server types like MOLAP, ROLAP, and HOLAP.

THE SUPPLY CHAIN EXPERIENCE

Guennoun Wajih

Normative Model for B2C (Retail) Replenishment

Steve Lewin

This document discusses replenishment processes for retailers. It describes two primary methods for developing supply requirements: customer managed replenishment, where the retailer determines requirements and communicates them to vendors; and vendor managed replenishment, where the vendor manages the supply chain. The document then outlines the steps involved in forecasting demand, including establishing store hierarchies, building historical demand, selecting forecast models, and reviewing/adjusting forecasts.

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This document discusses issues with traditional inventory forecasting methods and the advantages of using a true inventory forecast management solution. It notes that relying on a single person's expertise and spreadsheets leads to problems like a single point of failure, lack of business logic, and inefficient manual processes. This can prevent having the right stock in the right place at the right time. Not doing so costs money in inventory carrying costs, estimated to be 15-25% of total inventory value annually. A true forecast management system integrates with operational systems, allows what-if analysis, and uses dimensional analysis to more accurately forecast inventory needs compared to error-prone spreadsheets. It concludes by offering to discuss optimizing distribution operations with their solutions.

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The document discusses succession planning for a NAPA auto parts store owner. It recommends starting succession planning early, developing a strategy that may involve transferring the business to a family member, key employee, or outside buyer. The owner should prepare the business for transition by keeping it profitable and maintaining strong financial records to maximize sale value and minimize taxes. Various equity plans are described to help develop key employees as potential successors or new owners through restricted stock, stock appreciation rights, or phantom equity agreements.

Trade smart case studies

Trade smart case studies