Tag Archives: forecasting

Including weather forecasts to improve fashion product profitability

An article in the Wall Street Journal (November 27,2016) titled “The Next Fashion Trend:Weather Forecasting” describes the impact of weather on fashion sales and thus the need for the fashion industry to learn about weather forecasting. It claims that the … Continue reading

Posted in Capacity, consumer, Cost, logistics, Made in USA, mgmt5612018, Supply Chain Issues, technology | Tagged , , , , , , | 141 Comments

Retail Analytics to mitigate fashion risk

An article in the Wall Street Journal, on September 8, 2013, titled “Fashion Industry Meets Big Data” (http://online.wsj.com/article/SB10001424127887323595004579062793245498838.html?mod=itp&cb=logged0.7893976105842739) describes the increasing use of analytics in the fashion industry to forecast trends. These forecasts provide estimates of demand by color, fabric … Continue reading

Posted in Operations Management, Supply Chain Issues | Tagged , , , , , , , , , , | 20 Comments

Uncoordinated Decisions by the US Energy department and supply chain impact

A New York Times article (May 28, 2011) describes one department selling the helium-3 gas as fast as the other department worked to build up stocks, thus creating a shortfall.  The gas is helium-3 that is cited as a “byproduct … Continue reading

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