Demand Planning: Forecasting optimal inventory levels
Forecasting optimal inventory levels is no easy task in today’s environment, but it’s necessary for a successful business. Our home furnishings experts will show you how to forecast inventory levels so you can make the right buying decisions. You’ll learn techniques, buying strategies, and the tools you need to keep your inventory levels where they need to be.
Learn best practices for:
- How to forecast demand and product availability
- How to maintain optimal inventory levels
- Knowing when to cancel orders due to shrinking demand
- What tools can aid in forecasting demand
- KPIs and data needed to forecast properly
OUR PANEL OF EXPERTS
Damian Pherigo – Corporate Operations Manager, CS Wo & Sons
Hawaii’s largest retailer. Family-owned and operated since 1909. The C. S. Wo & Sons, Ltd. umbrella offers a variety of furniture to Hawaii consumers. Currently, these retailers are C. S. Wo & Sons, HomeWorld Furniture, SlumberWorld, Ashley HomeStore, America’s Mattress, and Red Knot.
Carson Rowh – Owner, Hometrends LLC
Hometrends LLC owns and operates Ashley Furniture HomeStores in Kearney, Grand Island, and North Platte Nebraska as well as a Retail and E-commerce Distribution Center in Kearney that serves Central Nebraska, Northwest Kansas, and Northeast Colorado. Hometrends and related companies have served central Nebraska since 1952.
Jonathan Schulman – President, (IHFRA) International Home Furnishings Representatives Association
Jonathan Schulman started in his father’s Los Angeles case goods factory, working the floor during college at Shelves and Cabinets in San Diego, and then owning his own stores that he later parlayed into a few Ashley Homestore locations. For several years, Jonathan was on the road as a furniture rep for the AICO family for his first eight years, then as a multi-line rep. Jonathan is the current President of IHFRA.