LogFAQs > #905397171

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Topic	luxury brands burn millions worth of clothing so the "wrong" people
SK8T3R215 07/20/18 1:31:29 AM #101:	Bio1590 posted... SK8T3R215 posted... Bio1590 posted... TheoryzC posted... Wouldn't it make sense to...not overproduce instead??? Yeah but see that would require actual planning Also would require a crystal ball to know exactly how much of a product to produce to meet the actual demand for it. And hiring people who actually know how to forecast and then giving them the tools to actually do their jobs. Not like, Excel spreadsheets. Considering this accounts for about 1% of their revenue I'm gonna assume they use forecasts already and have to deal with these forecasts not being 100% accurate in an industry of changing styles and trends since forecasting isn't absolute. --- New York Knicks, New York Jets, New York Yankees. <cite>SK8T3R215 posted [p:905397171] in luxury bra... [t:76823129]...</cite> <quote><cite>Bio1590 posted...</cite> <quote><cite>SK8T3R215 posted...</cite> <quote><cite>Bio1590 posted...</cite> <quote><cite>TheoryzC posted...</cite> <quote>Wouldn't it make sense to...not overproduce instead???</quote> Yeah but see that would require actual planning</quote> Also would require a crystal ball to know exactly how much of a product to produce to meet the actual demand for it.</quote> And hiring people who actually know how to forecast and then giving them the tools to actually do their jobs. Not like, Excel spreadsheets.</quote> Considering this accounts for about 1% of their revenue I'm gonna assume they use forecasts already and have to deal with these forecasts not being 100% accurate in an industry of changing styles and trends since forecasting isn't absolute. --- New York Knicks, New York Jets, New York Yankees.</quote> ... Copied to Clipboard!
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