Stock forecasting
Why is it necessary to forecast inventory rather than demand? Which forecasting methods are best suited? How to clear the sales history? What are probabilistic methods and what is their advantage? Read about it in the articles of the section.
How to Save on Safety Stock?
How can you reduce safety stock and save money? This article explores several practical methods that can be applied...
How to Predict Demand for New Products?
As retail landscapes evolve, businesses constantly face the challenge of forecasting demand for their latest...
What is Service Level and Why It's Important
Details on what are the level of service of I and II kinds, how and why to calculate them
Sales Forecasting: Human Insight vs. Artificial Intelligence
As technology advances, the performance of artificial intelligence is often compared to that of human employees:...
Probabilistic Forecasting
Description of a probabilistic approach to demand and inventory forecasting
Why Forecast Inventories and not Demand?
Most companies use demand forecasting methods that are 10-15 years behind: exponential smoothing, ARIMA, moving...
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