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:
- Deciding on future forecast period
- Reviewing base demand
- Deciding on variables and trends
- 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.