For the last couple weeks, I've been working on forecasting my product buys of what we're going to sell next year.

I have all the historicals. I've been doing it a long time. I'm pretty good at it.

BUT THIS IS THE HARDEST FORECAST I"VE EVER DONE.




fltsfshr

 

there's a new economic modeling method.

 

I assume you mean how much, not styles. Right?

 

I start out with around 350 different categories of products. Then I forecast them in units and extrapolate historical dollars to make a guesstimate of cost. I can't really set style or colors yet, I have to wait for style sheets and markets. That's really the buyers choice. I can tell them how many swim suits we need to buy in a given sex and size range to cover a particular time frame. I can tell them about what it will cost. But buying style is an art form, one that requires perfect color sense. That I don't have.

Buying used to be done from dollars but computers have made units a better way to buy. You get a more even distribution and flow of goods and dollars.

fltsfshr

 

If the Mayan predictions are correct, you won't have to plan for long.

http://abcnews.go.com/International/story?id=5301284

 

[QUOTE]Even with December 2012 still 4

 

The date hasn't changed. The article is older. The History Channel had a recent program on it.

http://vodpod.com/watch/987568-decem...12-end-of-days

 

I suspect that day will come and go as all the other doomsdays before it have

anybody remember Y2K