Design Con 2015

Peak Season Demands Real-Time Analytics for Perfect Fulfillment

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Jacob
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Supply Network Guru
Out of stock - slogan
Jacob   11/25/2014 11:06:07 PM
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Frank, what I have seen during the big sales are they won't keep adequate quantity of items in stock during the sales. For example they will make big statements like "50% off for particular Smartphone"; but within seconds it may either disappear or append with tag "Out of stock". I know it's only a punch slogan for attracting more peoples to the site; then also am trying to point the necessity of keeping adequate quantity of items in stock before going for big sales.

Jacob
User Rank
Supply Network Guru
Online shopping
Jacob   11/25/2014 10:54:07 PM

"Let the spending bonanza begin. This holiday season we are projected to part with $619.9 billion, marking the first time since 2011 that holiday sales will increase more than 4%, according to the National Retail Federation."

Frank, in this &620 billion, what's the online sales contribution? Eventhough the total sales are increasing only by 4%; online sales are increasing more than 100% per year. That means the traditional way of shopping through physical shops is declining by 50% year after year.



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