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Overview:
Forecasting demand - instead of simply forecasting sales - can help retail executives compete in today's environment. It's true that sales forecasts drive many critical decisions. Retailers could not run their businesses without sales forecasts. However, if you rely only on sales forecasts, you may fail to exploit the full value of demand for your merchandise. You will be unprepared for the level of consumer demand, and you'll have insufficient inventory levels, resulting in lost sales. Or, you will have excess levels of inventory, significantly raising your cost per item and decreasing revenue. This white paper offers guidance to help you profitably complete in today's environment by forecasting the full demand for your products.
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| Format: | Size: | 603 KB | |
| Date: | Aug 2005 | ||
| Pages: | 8 |
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