Figure 1: Form and Function of Inventory. In the benchmark data, companies that had clarity on inventory goals and understood inventory drivers cross-functionally make the most improvement.

The same survey found that 73% of wholesalers aren’t using machine learning to help forecast demand, a figure that’s virtually unchanged from 2018. As businesses begin to explore these technologies, ...

Learning how to manage inventory efficiently is critical to any business that sells physical goods. Anything that involves your products, from timely ordering to proper receiving, tracking and ...

The inventory forecast has a ripple effect throughout the rest of your company's budget. Cash Flow. Inventory and cash are both assets, but you can't use unsold inventory to pay taxes, ...

A survey by Wakefield Research and Bossa Nova Robotics found 87% of respondents believe inaccurate inventory contributes more to revenue loss than theft. Skip to main content CONTINUE TO SITE ...

As well, uncontrollable market factors inhibited them from receiving inventory in time to meet demand. Ultimately, historical forecasting has proven highly ineffective in creating a robust inventory ...

For a complimentary copy of the 2019 Forecasting and Inventory Benchmarking report, please visit www.e2open.com. E2open. At E2open, we’re creating a more connected, intelligent supply chain.

Most retail organizations will agree that times are tough. From unpredictable consumer spending and increased competition to rising merchandise costs and employee attrition, retail organizations face ...

The results suggest an ongoing catastrophe in how inventory is tracked and forecast in the $1.3 trillion retail sector. Over 70 percent of those surveyed, for example, ...

How should you go about forecasting your production and inventory? Should you use your knowledge about bad times ahead, or just rely on the statistical models that churn out forecasts for the ...