Fashion retailers face an uphill battle. Short product lifecycles, constantly changing trends, and the need to stock multiple sizes and colors create a logistical nightmare. In the United States alone, retailers are sitting on $740 billion in unsold goods.
Author Archives: Asena Yosun Denizeri
Integrated Assortment Planning: A Key to Retail Success
Today’s retail landscape is a battlefield. The competition is fierce, and customer expectations are higher than ever. Retailers can lose up to 20% of potential sales due to poor assortment planning. With so many choices, shoppers won’t wait for you to catch up! That’s why staying ahead in assortment planning is a game-changer. To thrive, …
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The Barbie Trend: 4 Must-Haves for Resilient Supply Chain Planning
Like millions of other professionals working remotely from home, I ditched my business suits and high heels in favor of more comfortable styles. However, I had been holding onto my closet full of gray and black outfits even after moving to Florida and hadn’t converted to pastels and bright colors until recently. 2023 was the …
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6 Retail Trends & Supply Chain Planning Challenges
Retailers know firsthand how quickly the market can change. One day, a product is flying off the shelves, and the next, it’s gathering dust. That’s why it is important to stay on top of the supply chain planning trends – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.
Resilience in Supply Chain: AI-Driven Probabilistic Demand Planning
As we are winding up another year full of disruptions and opportunities, businesses are already hard at work planning for the next year and beyond. Both in the budgeting and the S&OP processes, Demand Planning is usually the starting point and plays an essential role in establishing a resilient planning process. Many planning organizations have …
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Using AI & ML in Retail Supply Chain Planning
Artificial Intelligence (AI) and Machine Learning (ML) are hot topics being discussed in the retail world. Across the globe, whether they are grocery, mass merchant, or fashion, retailers are looking for ways to make faster and smarter decisions using this technology. Among the leading applications of AI & ML in planning are forecasting and replenishment processes.
Making Supply Chain Planning Agile with Modular Planning Technologies
Volatility and ambiguity are not going away from our lives. We need planning platforms to keep up with all the changes. Discover the importance of Composability in fickle times.
Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms
Algorithms, Automation, Architecture and Agility are the 4 Must-Haves that differentiate the next-generation of supply chain planning platforms.
Digital Transformation Journey in Supply Chain Planning
Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. Even mom-and-pop stores and diners had to step up their digitalization game with the pandemic erupting. Being listed on a last-mile-delivery …
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Coronavirus & Retailers: How to build resilience?
COVID-19 is changing the way we think about almost everything: the way we live, the way we work, our plans for the future and our evaluations of the past. We hope these times of crisis will be over soon. We thought we should try and do our part to help people overcome the challenges that …
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