Planning your pivot: What to do when you anticipate a shrink in forecast

Planning your pivot: What to do when you anticipate a shrink in forecast
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While many brands might be bracing for the impact of a massive holiday shopping season, you might be bracing for a different type of shock – a pivot in your offering that could cause your forecast to dip before it jumps again.Established DTC brands have the benefit of massive data to help them optimize their offerings – from different colorways to recipe formulations to the size of the latest smartphone about to be released.The low-lift implementation of technology that provides real-time visibility into demand and the agility to adapt when it fluctuates – as it is right now – can help you weather the storm to protect both profit and margins as much as possible.Insights and predictive analytics uncovered by Flowspace’s OmniFlow software help you stay on top of demand spikes, sales slowdowns, and up-to-the-moment orders and inventory across every channel to better project imminent needs. OmniFlow offers the real-time visibility and control needed to:

  • Monitor inventory levels across channels, with low-inventory alerts and a predictive view of remaining product
  • Track orders across delivery stage, all the way through transit and drop off
  • Accurately assess sales and customer volumes that allow you to better anticipate demand and avoid excess inventory cost

With a nationwide network of +130 warehouses, Flowspace offers the flexibility required to fulfill products from optimal locations, driving down shipping costs and time in transit, or to hold excess inventory until the market is ready to receive it.Let our flexible network and logistics partners help you maintain agility at scale and endurance in the down times. Get in touch today to support your Q4 forecast needs.

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