Small Business Operations & Growth Blog
Practical advice for small business owners on eCommerce, Google visibility, digital marketing, operations, finance, and technology. Explore strategies and resources to help your business get found online, run more efficiently, and improve profitability.
What is Inventory Forecasting and Why Does it Matter?
Inventory Forecasting is the process of predicting how much inventory you need to buy based on the amount you believe you will sell in the future. Perhaps the most important element of running a successful eCommerce business is having inventory to sell; if you don't forecast the right amount to buy, you buy too little or too much.