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Forecasting Method: Moving Average

Accurate inventory forecasting and planning requires using different methods for different scenarios and sets of conditions. One method that’s useful during periods of change is the moving average. What is a moving average? In the simplest terms, a moving average…

Why You Need Sales Forecasting

Sales forecasting is the process of predicting the amount of product that your company expects to sell within a defined timeframe. With a well-informed sales forecast, you can better understand the volume of revenue you’ll bring in during that period.…

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