Opposite of Work Business Blog
What is Inventory Forecasting and Why Does it Matter?
Inventory Forecasting is the process of predicting how much inventory you need to buy based on the amount you believe you will sell in the future. Perhaps the most important element of running a successful eCommerce business is having inventory to sell; if you don't forecast the right amount to buy, you buy too little or too much.
Your Warehouse is Too Small.
Why You Should Plan for Your Warehouse Capacity.
Inventory and Your eCommerce Business. Do you have too much inventory?
Tips for determining how much inventory to keep and what to do if you have too much. eCommerce business owners often have a hard time parting with inventory. That sounds counterintuitive to running a thriving business. Let me clarify, some eCommerce business owners have a hard time parting with inventory that’s not moving. Whether it's a misguided strategy or an emotional attachment to having spent money on it in the first place, you may be holding onto your slow turning inventory too long.