How much inventory needs to be purchased? What resources and raw materials are required for production? How can supply chain operations align more efficiently with demand forecasts? Supply chain forecasting software can help answer these questions.
Backed by more than 25 years of upstream planning, 7thonline has expanded its focus to address production demand planning—transforming its platform into a comprehensive global inventory management solution. By blurring the lines between wholesale, direct-to-consumer, and digital operations, 7thonline empowers businesses of all sizes, from small retailers to multinational enterprises, to optimize inventory flow and maximize profitability.
The company said its next-generation approach integrates demand and supply data, enabling corporate offices to gain real-time visibility into inventory movements across all locations and ensuring a smooth transition into supply chain planning. The launch of these solutions comes at a time when retailers and brands are managing a more complex business that stretches across multiple channels and consumer touchpoints.
“Retail operations have historically operated in silos, with limited communication between supply and demand teams. We’re breaking down those barriers. Our enhanced platform fosters collaboration between departments, streamlining processes, and ensuring that inventory decisions align with real-time business needs.” - Max Ma, CEO 7thonline
The benefits of the company’s solutions include offering brands and retailers extended forecasting horizons, which allows demand planning teams to forecast further out, which reduces production bottlenecks. The platform not only handles upstream planning with precision but now seamlessly connects to downstream operations, solving problems across the inventory lifecycle, better integrating upstream and downstream processes.
In addition, the platform allows corporate-level decision-makers to monitor and manage inventory flows across all locations, ensuring alignment with overarching goals. While competitors focus narrowly on in-season demand planning or downstream solutions, 7thonline stands out as an end-to-end platform with unmatched expertise in upstream planning. “For 25 years, we’ve mastered the complexities of upstream planning,” Ma said. “Now we’re going downstream to help our customers solve problems holistically, making us the only solution that seamlessly integrates both ends of the planning process.”
To read the full article on WWD, click here: https://wwd.com/business-news/technology/7thonline-rolls-out-technology-linking-sales-forecasting-to-supply-chain-execution-1236798606/
To learn more about the latest in supply chain forecasting technology and inventory management solutions, email us at info@7thonline.com or book a demo with our team.
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