Sport Obermeyer Forecasting

Slides:



Advertisements
Similar presentations
Goals of the Promotional Mix. Effect on Target Market Price, Product, Place, Promotion ProductPlace Price Promotion Target Market Using the overall goals,
Advertisements

LP EXAMPLES: ANOTHER MAX AND A MIN Dr. Ron Lembke.
Dr. Ron Lembke. All-Time Average To forecast next period, take the average of all previous periods Advantages: Simple to use Disadvantages: Ends up with.
Waiting Lines Operations Management Dr. Ron Lembke.
Retail Unit Consumer Math Unit 5.
Merchandise Assortment. Decisions, Decisions □Good planning is critical □Target market analysis □Merchandise decisions □Pricing decisions.
Marketing Strategy MAR 4803
$100 FREE ENTERPRISE THE “I”s HAVE IT SELLING DOMESTIC MARKETPLACE $200 $500 $400 $300 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300.
How much should I buy?.  If we have less than needed?  Disappointed customers  Loss of customers  If we have more than needed?  Storage cost  Deterioration.
Copyright 2006 – Biz/ed Business Forecasting.
Fractional Markdowns and Markups
Use of Master Production Schedule:
FORECASTING Operations Management Dr. Ron Lembke.
Measuring Market Opportunities Potentials and Forecasts.
Functional Versus Innovative Products
Lecture 2: Time Series Forecasting
1 1 Summary of First Section: Deterministic Analysis John H. Vande Vate Spring, 2007.
Contents Introduction
Purchase decision-making research based on online transaction credit risk evaluation by zhao kunpeng xjtu 28/8.
Inventory –Initial inventory Units on shelf at beginning of season (1,919)
[INSERT NAME] KEY ACCOUNT PROFILE [INSERT PERIOD].
Richard Green © Imperial College Business School Model uncertainty: the Pool 1.
1 Inventory Control. 2  Week 1Introduction to Production Planning and Inventory Control  Week 2Inventory Control – Deterministic Demand  Week 3Inventory.
The evolution and role of Logistics in Business Chapter 1.
MODELING RESPONSE TO DIRECT MAIL MARKETING ISQS 7342 – Dr. Zhangxi Lin by Junil Chang.
OUTSOURCING Dr. Ron Lembke. Outsourcing - What is it? Transfer activities to outside providers Outside providers do activities Resources: people, facilities,
Financial Merchandise Management
MANAGEMENT AND MARKETING OF TEXTILES
December 3, The State of The Economy In this presentation National forecasts are produced by Global Insight, Inc. State and Metropolitan forecasts.
Promotional Methods For Target Markets. How are Marketers Grouping You? People share things in common and are often times segmented into groups by these.
Business Forecasting. Used to try to predict the future Uses two main methods: Qualitative – seeking opinions on which to base decision making – Consumer.
Project Management Dr. Ron Lembke Operations Management.
1-1 Logistics Management LSM 730 Dr. Khurrum S. Mughal Lecture 24.
MGT 210 Week 2 CheckPoint Incident 2-2 Bad Times at Quality Shoe To purchase this material click on below link
Marketing Revision.
BIA 674 supply chain analytics Lecture 2b
Place - Distribution Different channels of distribution are important so that products and services are offered and reach existing and potential customers.
Making a Business of Recreation
Chapter 5: ACCOUNTING FOR MERCHANDISING OPERATIONS
ISEN 315 Spring 2011 Dr. Gary Gaukler
5.2 Rewriting Percent Expressions
Think Break #20 Suppose you are a corn-soybean farmer who currently custom hires all combining. You are thinking of buying a combine. Do a partial budget.
FORECASTING.
Dr. Ron Lembke outsourcing.
Types of Inventories Raw materials & purchased parts.
Objectives Explain the purpose and goal of the selling function
Kaizen Report Out RTS - New Part Number Creation
3.3 Markup and Markdown.
Achieving synchronisation through shared information

New-Product Development and Life-Cycle Strategies
Chapter 12 Managing Uncertainty in the Supply Chain: Safety Inventory
Dr. Ron Lembke Operations Management
Merchandise Assortment
هزینه یابی بر مبنای هدف تهیه و تنظیم:. محمود بنی اسدی و
Chapter 12 Determining the Optimal Level of Product Availability
BUSINESS HIGH SCHOOL-ENTREPRENEURSHIP
Operations Management Dr. Ron Lembke
Applications of Exponential Equations The Good, The Bad, and The Ugly
إدارة التسويق.
10:00.
EDLC(Embedded system Development Life Cycle ).
Inventory: Additional Issues
Chapter 30 product planning Section 30.1 Product Development
FASHION MERCHANDISING 2.02 BUYING
BEC 30325: MANAGERIAL ECONOMICS
Testing the Concept in the Market
Demand (Mis-)Management at Campbell’s Soup
Net GST payable to the ATO less GST refunds from Purchases
MOST: Apply the four 4ps to a product or service
Presentation transcript:

Sport Obermeyer Forecasting Dr. Ron Lembke

Markdowns Getting worse and worse Industry-wide 26% of retail price lost, on average

Bad Forecasts

Difference of Opinions Years of industry experience Wildly differing projections

Obermeyer Operations

Original Planning Cycle

What to do? Get earlier orders from key customers Delay purchase decisions Forecast uncertainty guides delayed decisions

New Planning Cycle

20% Forecasting

80% Forecasting

Projected Benefit

Obermeyer Results

What Did We Learn? Some forecasts are good, some bad Use this to your advantage More information helps you get better Get more information earlier Delaying decisions until you have more information lets you make better ones

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.