Stay ahead and cut costs with better demand forecasting

Welcome to the fourth edition of Inventory Insights! In this issue, we’re focusing on demand forecasting—a must-know process for anyone managing inventory, purchasing, or supply chains.

Accurate forecasting is key to balancing supply and demand, helping businesses predict customer needs, avoid stockouts, and minimize excess inventory. In today’s fast-paced market, mastering demand forecasting can boost your company’s agility and bottom line. Below, you’ll find expert tips, best practices, and tools to sharpen your forecasting game.

?? Blog: The fundamentals of demand planning and forecasting

Building a winning inventory strategy starts with strong demand planning. This blog covers the essentials, from factoring in lead times, to understanding seasonality and market trends.

?? eGuide: How to improve demand forecasting accuracy

Need practical tips to refine your forecasting? This eGuide will show you how to reduce errors and improve accuracy by leveraging historical data and market insights for better inventory decisions.

?? Video: Reduce Chinese New Year disruption with Demand Planning

Chinese New Year might feel far off, but planning ahead is key to avoiding stockouts. Smart inventory managers are already preparing. Learn how demand forecasting and strategic inventory planning can help you stay ahead of supply chain challenges during this critical period.

?? Blog: Inventory forecasting models: quantitative vs. qualitative

Which forecasting model is best for your business? Discover the pros and cons of quantitative and qualitative models to find the right fit.

?? Blog: 8 best inventory demand forecasting techniques

Already laid the groundwork for demand planning and ready to level-up your forecasting? Explore eight proven techniques to help you stay ahead of demand and maintain optimal stock levels year-round.

Stay tuned for our next issue, packed with tips to help you streamline your purchasing and inventory management.

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