An Oracle NetSuite business guide discusses best practices for inventory forecasting.

Specifically, the business guide is an all-inclusive guide to inventory forecasting, including the 5 key elements to success in this area:

  1. Deciding on future forecast period
  2. Reviewing base demand
  3. Deciding on variables and trends
  4. Creating and adjusting models

Chapters include the following subject areas: Common Inventory Management Challenges (And How Better Forecasting Helps), Where to Start: Key Inventory Metrics, Forecasting Techniques and Methods, Creating an Inventory Forecast, and How Inventory Management Software Can Help.