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Published in Download - 25 March 2020

DEMAND MANAGEMENT-STAYING ONE STEP AHEAD OF CUSTOMER DEMAND

Demand management Infographic: A guide to expecting the unexpected! Demand management is all about keeping customers happy. However, while no business wants to let its customers down, there are always constraints in place. Consequently, building substantial stockpiles of inventory to satisfy potential customer demand, which may (or may not) materialize, is simply not an option.
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Published in Download - 30 January 2020

8 TOP TIPS TO REIN IN SEASONAL DEMAND FLUCTUATIONS

Every year, Canada sees a massive fluctuation in sales across all industries. These fluctuations can be due to family day, thanksgiving, labour day, boxing day, etc. Also, due to its cultural diversity and the unpredictable weather patterns in the country, demand for products keeps changing.  Given the potential for huge fluctuations in demand, this can
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Published in Download - 27 November 2019

PROMOTIONS MANAGEMENT: TIME FOR A FRESH APPROACH? 

Holiday season planning has become incredibly more sophisticated over the years; variety in promotions compounded with multiple channels and ever-changing customer expectations. It is fascinating to see how supply chain and more so demand planning can become a differentiating factor in such a situation. UNAVOIDABLE REALITY OF MODERN RETAILING For many managers in retail, promotions
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Published in Download - 17 October 2019

DEMAND FORECASTING: HOW TO REMOVE THE PAIN FROM PROMOTIONS

Demand forecasting | With the promise of increased footfall and boosted sales, it is easy to see why organizations have become so dependent on promotions. However, “special buys,” “buy one get one free,” and even “price match” promotions all place a significant strain on supply chain teams. To add further complexity, if demand forecasting is
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Published in Download - 30 July 2019

HOW TO IMPROVE AVAILABILITY

Having thousands and thousands of products and trying to maintain 100% availability throughout the assortment would make most of the suppliers bankrupt. At the same time, customers cannot afford to put their project on hold because certain items, materials or components are sold out. So what can the supply chain do to improve availability without
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Published in Download - 24 June 2019

SPRINGBOARD THE SUCCESS OF YOUR NEW PRODUCT INTRODUCTION!

Launching a new product comes with great risk. Even if the product launch is a success, if the company fails to determine the customer demand for the product then you could face a massive disaster. So what can you do to rationalize the decision-making process in order to commit to a new product introduction with confidence?
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