optimization

The complete guide to inventory forecasting

20 minutes read

Inventory forecasting can help you reduce inventory and increase product availability. The process requires smart software algorithms to succeed. If done right, inventory forecasting also improves your customer satisfaction and saves time on replenishment administration.

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Sales forecasting and inventory optimization

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Six effective ways retail businesses get rid of their dead stock

dead stock

Dead Stock. They hold your inventory space and your cash flow at the same time. More importantly, they hold you back from real growth. Our data shows that on average dead stock makes up around 40% of your inventory, which makes it a major obstacle to your business success.