Forecasting & Inventory Management

In the product supply area, the goals are to avoid lost sales, minimize total costs and minimize working capital. The key is to effectively manage the drivers of these results.

SCS has decades of experience ensuring clients have the right product in the right place at the right time, at minimum cost. Selecting the right technology tools for your business requirements is critical, but technology is almost never a sufficient solution. Effective forecasting, planning and buying also depend on having the right policies, processes and team. We strengthen all these elements to create the capability to perform.

SCS has particular strength in collaboration and customer/vendor relationship management. Because we work for retailers and for suppliers, we are in a unique position to see the issues and develop strategies to address the needs of both partners.

SCS experience in product supply management includes:

• Improving forecast accuracy, consistency and acceptance
• Inventory optimization and management
• Distribution planning
• Order cycle improvement
• Customer/vendor collaboration
• Sourcing and procurement
• Training
• System selection and implementation