In both weather and retail planning, inaccurate forecasts cause mild discomfort at best and catastrophic consequences at worst. It’s not fun to come home soaking wet after a day when sunshine was predicted, and it’s bad for business when excess inventory that didn’t sell has to be marked down. At Alloy, we can’t say that we’ve fully nailed meteorology, but we do have expertise in retail forecasting, and we spend a lot of time leveraging best practices to benefit our clients.Read Now >
There are many explanations companies routinely give when inventory management issues arise, whether it's too much unsold inventory or too many empty shelves
"The market is unpredictable."
"It's impossible to accurately forecast everything."
It's not that these explanations are inaccurate. In fact, they're pretty much universally true. What's puzzling is that, despite these realities, brand manufacturers still pour all their energy into rigorous planning and forecasting, and yet take a more frenzied approach to responding when performance deviates from forecast. In other words, they lose the discipline they need for a fast, coordinated response in the face of changing demand.
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For consumer goods companies with omnichannel sales, downstream demand is a key signal to consider when thinking about inventory allocation, new product launches, demand planning, and other decisions. However, not all downstream demand is created equal.Read Now >
A few weeks ago, Alloy had the opportunity to attend and exhibit at the Gartner Supply Chain Executive Conference in Phoenix, Arizona. Fresh off the excitement of announcing our Series A funding, we were looking forward to the opportunity to hear the latest best practices and innovations happening in our industry.Read Now >