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Regular inventory forecasting keeps you prepared for any business mishaps that might occur due to over and under stocking of inventory levels. Based on the eCommerce business requirement, inventory forecasting can be carried out on multiple levels including product, category, etc.
Regardless, there are certain methods that are tried and tested to generate optimal results. Here, we have an infographic on the 5 best inventory forecasting practices for eCommerce. Check it out!
We have detailed more about inventory forecasting methods, formulae, and techniques that you can try out for your business. Visit here to know more on the subject.
For details on tips, tricks, techniques, and processes of inventory management, check out the A-Z of inventory management.
Are you looking for an omnichannel inventory management solution with integrated B2B order management for your eCommerce business? Drop us a line at email@example.com or directly sign up for a demo here.