Demo Examples Replenishment Trends 
EazyStock
OCTOBER 20, 2020
Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly. For example, you should consider setting different service levels, safety stock levels and reordering parameters for each category.
EazyStock
MARCH 4, 2021
Most items in the growth stage will experience an upward demand trend. Secondly, you should identify items with seasonal demand patterns and market trends and again fine-tune the forecast. In these situations you have to think smartly and weigh the costs against each other for replenishment.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Ship Monk
JULY 27, 2022
Demand forecasting helps you: Optimize inventory Align with your operational strategy Analyze demographic and product trends Surprise and delight customers Protect yourself against financial risks Prepare for peak season. How often does inventory need to be replenished? The COVID-19 pandemic was a prominent example. #5
EazyStock
JUNE 16, 2022
For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. However, it is now common in everyday life.
EazyStock
MARCH 9, 2021
See an example of ABC analysis in action here. For example, you may want to focus on improving the service levels of your A class products, over your Bs and Cs by increasing your safety stock levels. In a marketplace where trends come and go and product sales can be erratic, items can move from category C to A very quickly.
EazyStock
FEBRUARY 7, 2020
A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up. For example, some will be at the growth stage with either positive demand or ‘fast’ demand e.g. selling a steady volume. Increased operational costs and a lack of warehouse space.
EazyStock
APRIL 18, 2023
Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. For example, warehouse costs, insurance and financing. How will your team monitor changing customer behavior and market trends as demand reduces? Higher costs of storage.
Expert insights. Personalized for you.
98 
Let's personalize your content