10 Steps to a Better Holiday Season - Page 10 of 14

By Ray Goodman

8. Provide forecasts of weekly SKU demand to your distribution center. Share your best estimates of weekly SKU demand to assist your fulfillment center colleagues with bin profiling. Knowing sales volume and timing by SKU is key to their ability to adjust bin size and location at the appropriate times.

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Ray Goodman Author's page Ray has been a consultant to various direct marketing companies across the country. His goal is to streamline the merchandising and marketing planning processes inherent in multichannel marketing. He works closely with clients and industry experts to develop new methodologies and tools for merchandising and inventory control. He says, "It's exciting to work with our staff customers to help evolve our applications. I'm proud of the way our staff works together to bring our visions from concept to product." Ray has been with Direct Tech since 1994. His primary responsibility is directing the development of Direct Tech products. He's been a featured speaker on inventory forecasting and management at various industry conferences.

Inventory Management: 10 Steps to a Better Holiday Season