📦 Inventory Planner Basics - Forecasting Method Assignment 📦

📦 Take Control of your Inventory Forecasting with Inventory Planner! 📦

In this video series, we're quickly illustrating many common questions.

In this video, we're answering the question "How do mI change my Forecasting Method".

Perhaps you're curious how you can assign a forecasting method used within Inventory Planner to help you optimize your stock levels and boost your profitability?

As a reminder, here are our available forecasting methodologies:

🔹 Recent Sales & Trends🔹
Analyze recent customer orders and stockouts to calculate sales velocity and trends.

🔹 Last Sales🔹
Ideal for non-seasonal products, this method uses average sales over a set number of days, adjusting for stockouts.

🔹 Seasonal🔹
Perfect for holiday or seasonal items, this method compares year-over-year sales to predict future demand.

Coincidently, the areas we focus on in this video are also where you'll customize your other forecast settings, including the Use Stockout History setting.

Whether you're new to Inventory Planner or looking to fine-tune your forecasting strategy, we've got you covered!

👀 Watch now to take control of your inventory planning!

For more granular information, please use these helpful links.

⭐️ Inventory Planner Help Center: https://help.inventory-planner.com/en/articles/638170-configuring-the-forecast

⭐️ Inventory Planner Homepage: https://www.inventory-planner.com/

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