Usage and Promotions

Promotions are designed to increase sales of particular products over a short period of time. In order for predictions of future demand to be as accurate as possible, it is important both to include the anticipated effects of a particular promotion in calculating a...

How Clean Is Your Usage?

When we founded Effective Inventory Management (EIM) in 1996, our goal was to help organizations throughout the world achieve the goal of effective inventory management – that is, to meet or exceed customers’ expectations of product availability while maximizing...

How Clean is Your Usage?

When we founded Effective Inventory Management (EIM) in 1996, our goal was to help organizations throughout the world achieve the goal of effective inventory management – that is, to meet or exceed customers’ expectations of product availability while maximizing...

The Promise of Collaborative Forecasting

When you hear the term “business to business (B2B) E-commerce” what comes to mind? Buyers looking through online catalogs and placing orders for needed products? Companies sending purchase orders via EDI (electronic data interchange) that are automatically...

Why Weekly Forecasting? (Part Two)

“What you sold or used in the past is usually a good indication of what you will sell or use in the future”. This is one of the basic “truths” of forecasting future demand of stocked items. In our last article, “Why Weekly Forecasting...

Why Weekly Forecasting? (Part One)

Recently I received a call from a distributor who had a dilemma. They were running out of a particular popular product every month. The buyer’s frustration vibrated through the phone line as I spoke to her. She explained, “We’re doing a pretty good...