In the fast-paced world of ecommerce, precise inventory management is crucial. Historical data forms the backbone of this process, but outliers—unexpected dips and spikes—can distort forecasts. By scrubbing data and using methods like exponential smoothing and the 3-period weighted moving average, businesses can predict demand more accurately.
Adapting Your Ecommerce Inventory Strategies for Seasonal Fluctuations
Learn how to adapt your inventory strategies for seasonal peaks with our comprehensive guide. Discover how to build and use a seasonality index, apply the Weighted Moving Average method, and de-seasonalize demand to determine real sales trends. Enhance your inventory efficiency today