Reduce stockouts and overstock situations in supply chain management using Forthcast

This task can be performed using Forthcast

Best product for this task

Forthcast

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Forthcast.io is a solution that transforms inventory management and demand forecasting for Shopify merchants. It empowers businesses to optimize stock levels, improve forecasting accuracy, and drive profitability by tackling key supply chain challenges with smart, data-driven tools.

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What to expect from an ideal product

1. Uses real-time sales data and market trends to predict exactly how much inventory you need
2. Sends early alerts when stock levels are getting low, so you never run out of popular items
3. Tracks seasonal patterns and special events to adjust stock levels ahead of demand spikes
4. Spots slow-moving products quickly to help prevent excess inventory buildup
5. Creates custom reorder points for each product based on lead times and sales history