Sales promotion demand forecasting
Promotions and discounts are a great way to boost sales or get rid of excess stock, but how do you ensure there’s enough inventory in the warehouse to cover a surge in demand without having too much left over when the promotion ends?
Special offers, discounts and long-term price drops all impact the overall demand for your products. These qualitative factors can easily be manually added to the forecast.
EazyStock’s sales promotion functionality allows you to add campaigns to your demand forecasts for optimum forecasting accuracy.
Ensure you have the right stock in the right quantities for your next sales promotion. Simply find the forecast, create an adjustment, and EazyStock does the rest.
For multiple items, you can apply overrides to groups of SKUs as mass updates in the system or upload larger-scale changes via a dedicated interface file.
You can then track your amends and measure forecast accuracy against both the total (adjusted) and base (not adjusted) forecasts.
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