When you consider the Automotive industry, business in the sector stock everything from pressure washers to chamois cloths, seasonality can have a massive influence on demand.
Given the potential for considerable fluctuations in demand, this can leave businesses exposed to a high level of uncertainty. For instance, when exactly does a new season start? When does the season finish? How can you be sure to what impact the seasonal influence will have on-demand? Unless a business takes steps to control all of these factors, seasonal spikes in demand can quickly spiral out of control.
For some seasonal products, the uplift in demand can be easily anticipated. This is not rocket science: you know that these articles have a seasonal demand pattern. However, what you don’t know is precisely when the season will start as this is dependent on a whole range of factors such as the consumer’s mindset or even the weather.
To help you optimize your operations before, during and after a seasonal peak, we have highlighted 8 top tips covering the following points to help you stay ahead of demand fluctuations:
- Achieve optimal stock levels before, after and during a seasonal peak
- Align service levels with customer expectations
- Guarantee availability of seasonal products while avoiding excess stock
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