Inventory Forecasting Shows ‘Weather’ or Not to Reorder

OK hand signal and sun, Fishbowl BlogAnyone who has seen the musical “Annie” knows the sun will come out tomorrow. But if you’re running a business, it’s more important to know if your shipments will come in tomorrow.

Hard Knock Life

You see, a business lives or dies by its ability to meet customers’ needs. If a customer wants a product now then you need to have it in stock now. It’s a hard knock life for companies, but the simple fact is that if you have good customer service and on-time deliveries then you’re more likely to stay in business than if you have poor customer service and are constantly running out of products when you need them.

How can you increase your odds of success? By using inventory forecasting.

No Easy Street

It may not be easy street, but maybe it’s worth it to forecast how much inventory you’ll need at different times. For instance, in the Christmas season many businesses stock up on certain items to be ready for the rise in customer purchases. If you know which of your products are your bestsellers and which are most likely to be popular as Christmas presents, you can make smarter inventory management decisions.

Using Fishbowl, you can make inventory forecasting easier. Fishbowl uses barcodes and scanners to track your inventory from the moment you order it to the moment you sell it. That way, you always know whether or not your shipments will come in tomorrow.

Your Bottom Dollar

Inventory forecasting is your ticket to sunshine no matter what the weather is like outside. You can bet your bottom dollar that Fishbowl will boost your bottom line!

About Robert Lockard

Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks and small business. Fishbowl Inventory is the #1-requested inventory management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies. His favorite movies include Mr. Smith Goes to Washington, Fiddler on the Roof, Back to the Future and Lawrence of Arabia.
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One Response to Inventory Forecasting Shows ‘Weather’ or Not to Reorder

  1. Pingback: What to Do When Supply Chains Get Under the Weather | QuickBooks Manufacturing Blog

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