Demand and Supply Optimisation
Understand exactly what you can fulfil when demand changes. Demand and Supply Optimisation analyses supply, demand and business priorities to help fashion businesses make confident allocation decisions and protect customer commitments.
Change is inevitable. No matter how well you forecast demand for a collection, the closer it gets to release, the clearer you see the true appetite from retailers and consumers.
Taking that demand and acting upon it is where things tend to get tricky.
Even a single change to an order quantity, cancellation, or material shortage could have a ripple effect through thousands and thousands of order lines in your system.
And that’s before you consider what can still be delivered, who it can be delivered to, and when.
Demand and Supply Optimisation gives you the tools needed to calculate whether you have enough material availability to fulfil current demand – well before the goods reach the customer.
Sales orders and purchase orders are analysed together to see whether the available supply can be allocated against customer demand based on your business priorities, taking into account variables like shortages and supplier delays.
Your teams no longer have to manually scan through large volumes of data to understand what is likely to be delivered, where risk exists, and which customer commitments are affected.
They can clearly see the impact of new wholesale orders, forecasts, retailer commitments, item popularity, supplier capacity, and delivery dates.
The analysis subsequently proposes suggested changes and allocations to all your sales and purchase orders lines – meaning your teams don’t need to crawl through thousands of lines to know which are affected and which need to be updated.
With better control over demand and supply, you’ll give confident updates to wholesale customers and reduce the risk of missed sales opportunities and excess inventory.
Next Steps
Demand and Supply Optimisation is currently available in preview for select K3 Fashion customers.
Want to be amongst the first to try it out? Register your interest.
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