Choosing an optimal forecasting system for your retail company Forecasting is critical to any retail company. Without having a forecasting process in place, it is near impossible to have the right stock on hand. Too much merchandise in the warehouse means your inventory is collecting dust, and not enough on the shelves can hurt your
Inventory forecasting and replenishment in an omni-channel world INTRODUCTION Omni-channel retailing has changed the meaning of inventory demand and inventory forecasting. Demand fulfilled from a location changes dynamically based on what stock is available in the network. New delivery options and supply methods are constantly being added which makes the previous inventory positioning strategy outdated.