Demand Forecasting | Page 2 of 5

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Overcoming Black Friday purchasing and warehouse challenges

Black Friday (Nov 24 this year) is one of the year’s biggest shopping days when physical stores and eCommerce tempt...

Close up of a tablet in someone's hand showing inventory data with a warehouse in the background managing inventory in a growing business

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How to manage inventory effectively

Inventory management, business growth and expanding product ranges There are several reasons you could be expanding your product portfolios. Whether...

Red binoculars at a lookout point looking over the horizon as the sun is rising demand planning and forecasting

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Fundamentals of Demand Planning and Forecasting

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and...

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Demand forecasting challenges – how to deal with fluctuating demand

Global marketplaces have been rocked over recent years, with customer demand and inventory supply more erratic and complex than ever...

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Overcoming inventory management challenges

Chaos has rocked the world the last few years. The global pandemic, continuing extreme weather events, conflict and natural disasters...

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Sustainable Supply Chain Management Software

Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s...

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Data-driven inventory management: the secret to business success

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands...

Gold bars stacked three on the bottom, two in the middle and one on the top on a pink background to show a bell curve of a product lifecycle

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The inventory planner’s guide to managing product life cycle

Every product goes through several phases from its launch to eventual phasing out, which is known as the product life...

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Overcoming minimum order quantity (MOQ) challenges

What is MOQ, and how do you overcome its challenges? ABC, ERP, EOQ, JIT… acronyms are everywhere in inventory and...

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How do you forecast lumpy demand?

What is demand forecasting? Inventory demand forecasting is how companies predict customer demand for an inventory item over a defined...

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Big data and inventory management explained

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number...

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Why inventory managers need to understand inventory value

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and...