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Basics of Demand Forecasting, Allocation, & Replenishment
Created 9 years ago in Industries / Restaurant & Retail

Retail is all about having the right product in the right place at the right time. A methodical approach to organizing and analyzing your sales data will help you draw important insights into how you can accurately forecast demand and optimize your allocation. Improved forecasts means less markdowns and more sales for you.
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Percy Poon
Toronto, ON
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I help retail start-ups. 10+ Years in retail procurement/buying, assortment planning, demand planning & forecasting, replenishment and supply chain planning, store operations, cost reduction.
Reviews (22)
Calling with Percy was one of the most useful advice calls I've had all year. He helped talk through my situation and provide industry and real-world proven advice on how to approach product research and selection. Many thanks, Percy!
Source: Clarity Benjamin Boman Dec 6, 2024Was incredibly helpful and went above and beyond to provide insights.
Source: Clarity Akash Raju Jan 11, 2023I led Percy in his role as a Manager at Target Canada. Percy impressed me with his ability to inspire his team and influence cross functional partners. He holds himself accountable to consistently delivering results. Percy's collaborative approach to problem solving and strong work ethic was unmatched. He eagerly attacked big challenges no matter how ambiguous, it is a testament to his versatility and eagerness to learn. His ability to positively impact the business at an enterprise level gave leadership the confidence to entrust him with high priority enterprise projects. Percy would be a great addition to any team.
Source: LinkedIn Tracy Murphy Feb 25, 2015I had the pleasure of working with Percy midst the most challenging times while opening 124 stores in 8 months. Percy had the ability to build strong relationships with many stakeholders to quickly get things done. He was agile and adapted to change and volatility with grace. He was never daunted in the face of new problems, rather he welcomed them! He is an extremely fast learner and problem solver, with a strong desire to learn and continuously improve. Percy's relentless drive and attitude would be an asset to any company.
Source: LinkedIn Semra Shaji Feb 25, 2015Percy held a very important job as the seasonal events leader, a role that requires sound thinking skills, collaboration and resiliency. Percy led a huge cross-functional team that helped develop the plan for Q4 execution. Because of his acute ability to anticipate problems, empower and engage his team, work collaboratively across many groups & levels and communicate effectively, he was able to drive a very successful plan. Percy was a pleasure to work with and any company and team would be lucky to have him.
Source: LinkedIn Beverly Altberg, MBA Feb 25, 2015I had the privilege of reporting to Percy for a year on our Seasonal Events team. Percy is a fast learner who is agile and capable of adapting and pivoting quickly to changes. He consistently challenged and supported our team to drive process improvement and adoption through collaboration amongst a myriad of key stakeholders, showcasing his desire to continuously improve and drive for results. His ability to build strong relationships across leaders in the organization ensured our team was aligned with enterprise goals and allowed us to drive a successful Q4 Holiday Season. Percy is a fantastic leader and would be an asset to any organization.
Source: LinkedIn Stefanie Krpic Feb 25, 2015I had the pleasure of reporting to Percy for a year as part of the newly created Seasonal Events team. Percy saw our team’s newness as an opportunity to seek and develop invaluable relationships with partners across the organization, including our Target India and Minneapolis-based teams. Percy continued to challenge our team to drive innovative and creative solutions, processes and tools when faced with the most complex of problems. With his leadership, our team was able to drive enterprise-wide adoption of an end-to-end seasonal process that proved itself as the critical tool for Target Canada’s successful Fourth Quarter Holiday Season. I credit my development as a leader amongst my peers to Percy, an outstanding leader that would make an exceptional asset to any organization.
Source: LinkedIn Evan Pacht Feb 25, 2015I had a fortune to get to report to Percy in my early months at Target. Percy’s reputation is already very well respected around the organization for his leadership, passion and sincerity. Everyone loves Percy. He has the power to build strong relationships with anyone around him – it won’t take you long to realize that you want to be Percy’s best friend and keep him on your side.
At a start-up stage at Target with many uncertainties and challenges, Percy led and showed us how to turn these uncertainties to opportunities, and how we can deliver strong results. Every time we ran into a challenge, Percy was always there to help us view the problem from different perspective, think outside of the box, and find a creative solution. What sets him apart, is that even if he has an extensive expertise in retail, he consistently asks questions to learn more and asks for feedback so that he can improve further. I cannot count how many business articles and presentation slides he shared with us, that shows his dedication to continuously improve and learn. Percy is a humble, genuine, and assertive leader that many of us admire at Target, I look forward to seeing where Percy ends up as a CEO!
Source: LinkedIn Brian Lee Feb 25, 2015Percy is true global leader. He has immense passion for managing talent and truly understanding global priorities. I had the opportunity to work with Percy on managing key seasons inventory planning and it was pleasure knowing how much open he was to new ideas that would drive great business results.
Source: LinkedIn Deepak Poojari Feb 25, 2015the startups.com platform
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