Every retail, eCommerce or business owner should be familiar with financial reports because they are dictated by legislation and......
Try saying ‘probabilistic’ three times fast. It’s a bit of a mouthful. However, it’s more than just a tongue-twister, it......
Selecting the appropriate types and quantities of merchandise for your business can be a real challenge, especially as your busi......
The peak season can be an exciting and rewarding time for business owners, with the promise of a drastic increase in sales. Howe......
Accurate forecasting is a key factor contributing to the success of any business. By making accurate predictions about future sa......
Effective inventory control Maintaining inventory control is a mammoth task and healthy inventory levels are a necessary part of......
As discussed in this article, demand forecasting is a seemingly straightforward concept to grasp yet can be difficult to achieve......
Forecasting plays a significant role in the sales and operational planning (S&OP) of a company; it can underpin the strateg......
Consumers around the globe are changing their shopping habits and retailers must constantly respond to shifts in consumer demand......
Anticipating future demand is a tough job, wrought with ways you might go wrong. Proper demand forecasting and inventory control......
A company’s inventory is a significant asset on their books, however, if frequent shortages or excess happens, it can become a......
Demand forecasting and planning sounds like a complex task requiring input from a team of accountants and economists but, in rea......
Demand forecasting is the process of estimating the number of products that customers will be willing to purchase in the future.......
When many businesses forecast demand, even the most studious companies will not get it 100 percent accurate, instead of perfecti......
An unconstrained demand forecast might seem over optimistic, but for a business to take full advantage of market growth opportun......
An accurate demand forecast is essential for good inventory management so it is vital that business owners get it right. In this......
Demand forecasting is tricky to get exactly right but there are ways to increase your forecast accuracy. A more accurate forecas......
A business that aims to scale successfully for growth needs to be able to meet the versatile demands of handling their invent......
