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Your Complete Guide to Inventory Forecasting

Your Complete Guide to Inventory Forecasting

Netsuite
Published by: Research Desk Released: Aug 05, 2021

An accurate inventory forecast is invaluable, especially when supply chains and consumer demand are changing rapidly. Effective inventory forecasting can mean the difference between profitability and piles of unsold goods that eat up your available cash. The bottom-line impact of inventory forecasting is clear: less money is tied up in inventory, stock is maintained at a realistic threshold and ordering becomes much more precise