Site Archives Forecasting & Inventory Management

JC Penney moves to have same merchandise in all channels


Under the title “CEO Pinching Penney In a Slowing Economy” the January 31st Wall Street Journal ran a wide-ranging interview with J.C. Penney Chairman and Chief Executive Myron “Mike” Ullman III about topics including preparing for a recession, slowing store growth, and tougher decisions on inventory. The interview ran the same day Ullman announced plans […]

Post-Holiday Liquidation Strategies for Multichannel Businesses


Many retailers fell well short of holiday sales plans that were fairly conservative to begin with. What does that mean? Challenges from 2007 are extending into this year during the final phase of the product life cycle: markdown and liquidation of unsold merchandise.
We’ve found that most multichannel merchants were sticking fairly closely to traditional liquidation […]

Thompson Cigar chooses the IFSO Kit module from Forerunner Systems


As reported to us by Forerunner Systems Inc.
Press Release
Thompson Cigar chooses the IFSO Kit module from Forerunner Systems to manage cigar sampler inventory and improve inventory management
San Francisco, CA, January 8, 2008: Thompson Cigar has announced today that they will be implementing IFSO, the Inventory Forecaster from Forerunner Systems, to help them manage their […]

Uniquely developed and exclusive product that sells well


That’s what more and more multichannel companies need to survive the competition. Everywhere you go products seem so similar.
You know Crocs – those plastic shoes that have taken the retail world by storm in the last few years. They are sold everywhere from your local hardware store to Cabela’s – The World Largest Outfitter.
The […]

Long Supply Chains and Customer Service: The China Syndrome


After several health-and-safety-related warnings and recalls this year over products from toothpaste to pet food and chicken feed to toys, U.S. consumers are more wary about labels announcing that a product has its source in China. But many companies in the United States now source 50% or more of their products in China. In this […]