Demand Planning Rules: Ensuring the Right Stock for Shopper Delight
3 Important rules for Demand planners
Demand planners are like helpers for store owners.
They make sure the store has the right amount of things for people to buy.
But, they need to remember some important rules to do their job well.
1๏ธโฃ One rule is to ๐๐ผ๐ผ๐ธ ๐ฎ๐ ๐ฝ๐ฎ๐๐ ๐๐ฎ๐น๐ฒ๐.
This means looking at what people have bought before to see what they might want to buy again.
For example, a store might notice that people buy more ice cream in the summer. So they make sure to have more ice cream in stock during the summer.
2๏ธโฃ Another rule is to ๐ง๐ฎ๐น๐ธ ๐๐ผ ๐ฐ๐๐๐๐ผ๐บ๐ฒ๐ฟ๐.
This means asking people what they like to buy and what they might want to buy in the future.
For example, a store might ask children what kind of toys they like to play with to decide what toys to stock.
3๏ธโฃFinally, demand planners also need to ๐ฆ๐๐๐ฑ๐ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐.
This means looking at what other stores are selling and what is popular in the industry.
For example, a store might notice that a new toy is becoming popular and decide to stock it.
By following these rules, demand planners can help store owners make sure they have the right amount of things in stock for people to buy.