Demand Planning Guidelines: Navigating the Complexities for Optimal Results

Some Rules to Keep in Mind for Demand Planners (Contd.) 4. ๐——๐—ผ๐—ป’๐˜ ๐—ฝ๐˜‚๐˜ ๐—ฎ๐—น๐—น ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฒ๐—ด๐—ด๐˜€ ๐—ถ๐—ป ๐—ผ๐—ป๐—ฒ ๐—ฏ๐—ฎ๐˜€๐—ธ๐—ฒ๐˜ ๐˜„๐—ต๐—ฒ๐—ป ๐—ถ๐˜ ๐—ฐ๐—ผ๐—บ๐—ฒ๐˜€ ๐˜๐—ผ ๐—ฑ๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ ๐—ณ๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜๐—ถ๐—ป๐—ด ๐—บ๐—ฒ๐˜๐—ต๐—ผ๐—ฑ๐˜€. It’s important to use a variety of methods to get the most accurate picture of demand.For example, don’t rely on your gut feeling or Read more…

Mastering Demand Planning: A Guide to Stocking Smartly

Starting a Series of ’10 rules to keep in mind’ for Demand Planners.Here’s the first three. Some Rules to Keep in Mind for Demand Planners 1.๐——๐—ผ๐—ป’๐˜ ๐˜๐—ฟ๐˜‚๐˜€๐˜ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ด๐˜‚๐˜ ๐˜„๐—ต๐—ฒ๐—ป ๐—ถ๐˜ ๐—ฐ๐—ผ๐—บ๐—ฒ๐˜€ ๐˜๐—ผ ๐—ฑ๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ ๐—ฝ๐—น๐—ฎ๐—ป๐—ป๐—ถ๐—ป๐—ด, ๐˜๐—ฟ๐˜‚๐˜€๐˜ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฑ๐—ฎ๐˜๐—ฎ! Because you think a certain product is going to be hot, doesn’t Read more…

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๏ธโƒฃ One rule is to ๐—Ÿ๐—ผ๐—ผ๐—ธ ๐—ฎ๐˜ ๐—ฝ๐—ฎ๐˜€๐˜ ๐˜€๐—ฎ๐—น๐—ฒ๐˜€.This means Read more…

Navigating the Retail Landscape: Demystifying Merchandise Planning and Demand Planning

Reg the confusion between Merchandise planning and Demand planning .๐——๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ฏ๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐— ๐—ฒ๐—ฟ๐—ฐ๐—ต๐—ฎ๐—ป๐—ฑ๐—ถ๐˜€๐—ฒ ๐—ฝ๐—น๐—ฎ๐—ป๐—ป๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ ๐—ฃ๐—น๐—ฎ๐—ป๐—ป๐—ถ๐—ป๐—ด โ€ข Merchandise planning andโ€ข Demand planningare both ways that store owners make sure they have the right things in their store for people to buy.But they are a bit different. ๐— ๐—ฒ๐—ฟ๐—ฐ๐—ต๐—ฎ๐—ป๐—ฑ๐—ถ๐˜€๐—ฒ ๐—ฝ๐—น๐—ฎ๐—ป๐—ป๐—ถ๐—ป๐—ด is like Read more…

The Strategic Threads: Understanding the Nuances of Merchandise Planning

๐˜ž๐˜ฉ๐˜ข๐˜ต ๐˜ช๐˜ด ๐˜”๐˜ฆ๐˜ณ๐˜ค๐˜ฉ๐˜ข๐˜ฏ๐˜ฅ๐˜ช๐˜ด๐˜ฆ ๐˜—๐˜ญ๐˜ข๐˜ฏ๐˜ฏ๐˜ช๐˜ฏ๐˜จ? Merchandise planning is like picking out the clothes you want to wear.Store owners want to make sure they have the right clothes in their store for people to buy.So, they plan by looking at different parts of the process. 1๏ธโƒฃ One part is ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ ๐—”๐˜€๐˜€๐—ผ๐—ฟ๐˜๐—บ๐—ฒ๐—ป๐˜.This means Read more…

Navigating Demand Planning: Crafting a Blueprint for Business Success

What are the key components of demand planning? ๐˜ž๐˜ฉ๐˜ข๐˜ต ๐˜ช๐˜ด ๐˜‹๐˜ฆ๐˜ฎ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฑ๐˜ญ๐˜ข๐˜ฏ๐˜ฏ๐˜ช๐˜ฏ๐˜จ? Demand planning is like making a shopping list for a store.Store owners want to make sure they have enough of the things that people want to buy. So they plan ahead by looking at different parts of the Read more…