Category: Demand planning

For certain retailers, the publicity you can garner when a viral product is low in stock is more precious than gold. But for most, not having enough inventory has the opposite effect. 

Lost sales and increased inventory costs are just some of the risks involved with putting e-commerce products on backorder. But what many retailers don’t realize is that it is possible to get the best of backordering, using it to increase sales while maintaining inventory control.

In this guide, we'll reveal the benefits of backordering in the current e-commerce climate...

Every day, in every media outlet, you’ll see articles discussing retail companies with overstock inventory. Even large brands are still working to balance their inventory levels post pandemic, with 66% of owners and executives reporting overstocks.

To solve this problem, brands often fall back on what they do best: drive more sales. 

Markdowns, promotions, and clearance sales are the default methods for offloading excess inventory. But these approaches can have a major impact on your margins.

The truth is, profitable scaling starts long before the point...

According to some estimates, there are over 12 million e-commerce companies worldwide. In other words, the landscape is crowded. 

There’s a reason Excel is the go-to forecasting tool for countless brands and merchants. It’s flexible, affordable, and you already know how to use it.

The ecommerce world is changing faster than you can say “unified omnichannel experience." 

Customers demand better visibility, stronger brand values, and compliance with key sustainability practices. Yet inventory stockouts and supply chain setbacks are still a regular (and expensive) challenge for modern retailers.

To scale successfully, brands need lean, agile inventory planning systems that can adapt to any demand fluctuation, market phenomenon, or natural disaster.

In this article, we’ve rounded up some of the top ecommerce trends that could have...

If the rapid growth of the e-commerce industry has taught us anything, it’s that consumer demand can fluctuate wildly for even the simplest of reasons, throwing off your inventory forecasting.

Before Covid-19 upended society, the direct-to-consumer (DTC) market was experiencing a period of significant momentum. The number of brands launching in the space multiplied daily, as the lucrativeness of high-profit margins inspired new entrants. Interest from consumers was at an all-time high as they sought to take advantage of better pricing and product quality. 

Many businesses use the terms “demand forecasting” and “demand planning” interchangeably, but they’re not the same.

Seasonality, price fluctuation, and changing economic conditions, oh my!

How would you like to see nearly a three percent increase in annual sales without running a single promotion or introducing a new product?