Transcription of Executive Summary rev1 - flowcastingbook.com
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Executive Summary rev1 - flowcastingbook.com
FFlloowwccaassttiinngg tthhee RReettaaiill SSuuppppllyy CChhaaiinn EExxeeccuuttiivvee SSuummmmaarryy BByy AAnnddrr MMaarrttiinn,, MMiikkee DDoohheerrttyy aanndd JJeeffff HHaarrrroopp Page 1 TThhee SSuummmmaarryy iinn BBrriieeff The retail store has been disconnected from planning the supply chain, even though the majority of planning problems can only be addressed at store level. For example, retail out-of-stocks are a major problem for retailers and their trading partners, yet no substantial progress has been made on this front in the last 20 years. Planning the retail supply chain must start at store level. By starting at the store and producing forecasts of consumer demand, all other demands in the supply chain can be calculated. The result is order-of-magnitude improvements in reducing out of stocks and improving inventory performance and profitability for all members of the extended retail supply chain.
Flowcasting the Retail Supply Chain – Executive Summary By André Martin, Mike Doherty and Jeff Harrop www.flowcastingbook.com Page 1 The Summary in Brief
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