FIVE SIMPLE STEPS TO A MORE EFFICIENT SUPPLY CHAIN

Companies can automatically create delivery, financial and trading plans for the next 50 to 80 weeks by setting up a five-step circular process with advanced analytics.



Step One: Forecasting Market Demand To predict weekly market demand for each SKU and retailer, trade planning data — on discounts, promotions and marketing — is combined with consumer and macroeconomic data. 



Step Two: Forecast Retailer Orders Each retailer receives a weekly forecast of the SKUs each retailer will order based on a combination of demand forecasts and historical shipping data. 



Step Three: The Inventory Plan To create a delivery plan, the order forecasts are combined with data on available resources (raw material and finished goods inventories), production capacities and market targets. 



Step Four: The Budget At the brand level, the monthly sales and gross margin forecasts are derived from the weekly offering plan. 


Step Five: Align Goals and Plans The company's business goals are compared to the financial plan. If gaps are identified, the company can restart the cycle by making changes to the trading plan, such as: B. increased marketing expenses or granted further discounts.


TheBrandSpur is here to help you every step of the way, making inventory management a breeze—whether it's for your online e-commerce business or physical stores. 

CONTACT INFORMATION:
WEBSITE: www.thebrandspur.com
EMAIL: info@thebrandspur.com


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