Sales Forecasting helps make an informed estimate about how much stock to order. It helps you determine optimum order quantities to take advantage of quantity discounts and reduced freight costs.
Every business that manages stock knows holding inventory is expensive. It is a delicate balance, striving to reduce inventory on hand, while still being able to fill customer orders.
One of the things we see small business struggle with is replenishing stock. This is where Arpastart eCommerce’s new Sales Forecasting tool can make an enormous difference.
Arpastart eCommerce Sales Forecasting calculates an expected sales quantity for a selected period. Driven by data, the forecast generated is based on the number of products sold in the selected historical period of time. It also calculates the total sales revenue based on the same data.