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Category: Demand planning

Maximizing Supply Chain Efficiency: The Real Advantages of AI

Maximizing Supply Chain Efficiency: The Real Advantages of AI

If modern retailers know one thing, it’s that no matter how hard you plan, things almost always work out differently than expected. And nowhere is that more true than with your supply chain.

Suppliers, vessels, trucks, warehouses. Supply chains are complex and chaotic by nature. To solve the disconnects between your forecasts and what actually happens on the road, water, or factory floor, you need to be able to act and react as quickly as possible.

The good news is, there’s never been more data available to help you do that. With AI’s ability to crunch...

Sales Increase vs. Lost Sales Reduction: A Story of Two Retailers

Sales Increase vs. Lost Sales Reduction: A Story of Two Retailers

From Amazon to Shopify and beyond, no matter which corner of commerce you operate in, you lose sales when your products go out of stock.

Every year, retailers lose an estimated $1.8 trillion due to inventory mismanagement. That’s roughly 7.8% of total global retail sales.

At Flieber, our team has onboarded over 3 million SKUs. We’ve found that the number for this subset of products is even more drastic: our calculations point to an average of 11.2% in lost sales

To understand the impact of these numbers on your own business, let me tell you the tale...

Backordering for E-Commerce: 5 Steps to a Profitable Strategy

Backordering for E-Commerce: 5 Steps to a Profitable Strategy

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...

Less Overstocks, More Sales: 3 Proven Tips to Balance Your Inventory

Less Overstocks, More Sales: 3 Proven Tips to Balance Your Inventory

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...

How to Increase E-commerce Sales: 10 Tactics for 2024

How to Increase E-commerce Sales: 10 Tactics for 2024

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

Is Excel Really Good for Forecasting Sales and Inventory?

Is Excel Really Good for Forecasting Sales and Inventory?

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.

5 Ecommerce Trends Every Inventory Planner Should Know

5 Ecommerce Trends Every Inventory Planner Should Know

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...

What Is Demand Forecasting? A Better Process for Multichannel Brands

What Is Demand Forecasting? A Better Process for Multichannel Brands

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.

Maximize Your DTC Retail Success and Achieve Greater Purchase Order Certainty

Maximize Your DTC Retail Success and Achieve Greater Purchase Order Certainty

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. 

Demand Planning vs. Forecasting: Key Methods, Tools and Techniques [2024]

Demand Planning vs. Forecasting: Key Methods, Tools and Techniques [2024]

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