It’s a challenge we see frequently in the retail space: A women’s fashion retailer with 400 stores and an ecommerce website is struggling with systems that fit their business perfectly 5 or 10 years ago. But with the emergence of omnichannel and as their business evolved over time, they found that these existing solutions no longer completely meet their needs. … Read More
Demand Forecasting or Demand Planning—Is There Really a Difference?
Your focus will vary depending on how your business views inventory placement. While these terms are often used interchangeably, Logic’s perspective is they are two tightly linked but separate processes which work together to solve the same complex puzzle: How do I meet my customer’s expectations? Forecasting is the use of historic data to predict future outcomes. Demand Forecasting is … Read More
Pharmacy Live on Retail Demand Forecasting
Congratulations to our team in Brazil for the successful go-live of Oracle Retail v15 Retail Demand Forecasting (RDF) at a leading pharmacy retailer. With RDF, this client will increase the accuracy of their replenishment systems, which in turn will help get the product in the customers hands faster. Nice work team!