What is Demand Forecasting? Importance and Benefits of Forecasting Customer Demand
ShipBob
OCTOBER 24, 2022
You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Demand forecasting allows businesses to optimize inventory by predicting future sales.
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