Michal Koziara - co-founder of Occubee - tells how to address the problem of transportation minima in the home décor industry and why the area of logistics is a major challenge for retailers.
Go to videoRetailers in the home décor industry very often order products from suppliers in geographically distant places, such as China. This means serious challenges in the area of logistics.
Demand forecasting can be generated for products, but also for product categories, both at the market and sales channel level. This information helps decide what goods to order so that containers are fully filled.
Accurate demand forecasts can serve as a hint for filling containers and minimizing the cost of transportation. They also show where to increase stock to match projected demand.
