Real Inventory forecasting
Hey Inventoro fans and users,
this is a piece of big big news for you. By design, Inventoro is able to automatically calculate sales forecasts for the next 24 months ahead. This is not a surprise. We are also able to calculate every purchase order proposal from now till the same horizon. The last piece of the puzzle is data about inventory on hand, in transit, etc., you know. We decided to make a complete projection of the future inventory on monthly basis.
What are the main benefits for you?
- you can speculate on the capacity of your warehouse or fulfillment center in the future
- you will see a complete picture of the future flows (sales and inventory)
- you can speculate and buy more inventory if you see free space in your warehouse
- last but not least: you will see the projection of the real benefit of using Inventoro in a matter of decrease of working capital!
We also prepare a projection of Safety stock as additional information for you and your decisions. Safety stock is a part of your Inventory that absorbs every uncertainty in delivery times (lead times) of your suppliers and also uncertainty in sales forecast accuracy. We can describe safety stock as a level of extra stock that is maintained to mitigate risk of stockouts caused by uncertainties in supply and demand.
So give us your feedback, please. What do you think?
Have a nice day.