Demand Forecasting | Page 3 of 5

Close up of an abacus with different coloured beads on each metal line - dark green light green, yellow, orange, pink and purple - on a wooden table to show how to calculate safety stock

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How to calculate safety stock: three different calculations

Determining appropriate levels of stock across a business can be very challenging. If you carry too much inventory, you risk...

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How to manage seasonality of demand to increase forecasting accuracy

Fact: not every product in your warehouse sells at the same pace throughout the year. Some will experience peaks and...

A white pole with a white arrow road sign pointing left, just under a white arrow road sign pointing right. The left-facing arrow is on a red background, and the right-facing arrow is on a blue background. What's better? You ERP system or inventory optimisation software?

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EazyStock vs your ERP: Who wins the inventory management battle?

One of the most common questions we receive is “We already have an ERP inventory module. Why do we need...

Presents stacked flat on a pale blue background to represent a Christmas tree seasonal sales seasonal forecasting

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Seasonal Demand Forecasting: What It Is & Why It’s Important

Seasonal demand forecasting Seasonal demand forecasting can often be one of the most difficult areas of your inventory management processes...

A crystal ball on a pale pink background to show demand forecast accuracy

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How to Improve Forecast Accuracy: Manage Demand Outliers

What is forecasting accuracy? Forecasting accuracy is the process of calculating the accuracy of your inventory demand forecasts by comparing...

A white notebook on top of a brown, cardboar, side spiral-bound notebook at an angle with a pencil on top. There's a pair of black framed glasses at the top of the shot and a cactus in a green plant point partly in the top left corner. The background is yellow. An introduction to quantitative and qualitative inventory forecasting models

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An introduction to quantitative and qualitative inventory forecasting models

Demand forecasting models Whether you’re a manufacturer, wholesaler or retailer, forecasting future demand or customer orders is the logical starting...

A dark wooden table with three wooden ABC blocks on their sides. The A is outlined in red, the B is outlines in orange and the C is outlined in blue. Just below them is a wooden abacus lying flat on the table with 1 2 3 4 5 etched into the top and rows of beads in red and yellow partly visible and green and orange rows partly visible.

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How to calculate and apply ABC classification of inventory

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found...

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Impact of Supply Chain Disruption Explained

As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply...

Different-sized cardboard boxes on conveyor rollers ready to be shipped by courier for distribution in warehouse. How to improve inventory turnover

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How to improve inventory turnover with inventory optimization

How to increase inventory turnover with inventory optimization The concept of inventory optimization helps many businesses improve their inventory turnover...

Six piece white jigsaw with rounded corners with the two rows of three. The top right corner piece isn't connected ERP add-ons

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7 Benefits of ERP System That Save Money & Time

How ERP add-ons can add value to your current system’s functionality Enterprise Resource Planning (ERP) systems are excellent for improving...

A close up of a man holding a laptop in a warehouse inventory management techniques

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6 inventory control techniques for stock optimization

Inventory control techniques that use stock optimization best practices There are hundreds of inventory control blog posts on how to...

Gold traditional balance scales on a wooden table in front of a blue wall the pros and cons of ERP upgrade versus ERP replacement

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The pros and cons of an ERP upgrade versus an ERP replacement

Do you upgrade or replace your ERP software? Many enterprise resource planning (ERP) platforms are the backbone of business operations...