Blue Ridge Solutions
280 Interstate North Circle
Atlanta, GA 30339
What decisions can technology manage better than humans?” should be the question that drives your internal operational process.
Market pressures can sometimes seem as if they fall out of the sky, and if your business depends on having the right inventory at the right time, anticipating what you’ll need and when you’ll need it, up until now, has been more art than science.
Wholesalers are struggling to adapt to new consumer demand patterns, as traditional forecasting processes consistently lead to overstocks and higher costs, according to a new survey by Blue Ridge Global .
Atlanta Business Chronicle’s “Meet the C-Suite,” where we feature a slew of the city’s high profile c-level executives. Today we introduce Jim Byrnes, CEO of Atlanta-based Blue Ridge.
Using its new system, the retailer has eliminated about 80% of the time it once took to create POs for its vendors. And armed with the system-generated data—plus more time to do their jobs versus just creating POs—the company’s analysts are taking a more proactive approach to inventory management.
What would you do with $1 trillion dollars? That’s 1 million times 1 million. It’s also how much money companies are losing due to out of stocks and overstocks according to research from IHL Group.
The old adage, and a good rule of thumb for retailers, is “the customer is always right.” In the days prior to online shopping, it was more of an attitude that good retailers instilled to make their customers welcome. The retailers, however, were still in charge.