oboloo

oboloo Glossary

Days Supply Formula

oboloo Glossary

Days Supply Formula

Days Supply Formula is a way of tracking and measuring inventory supply in order to better understand inventory trends over time. It takes into account the amount of stock on hand, current sales volume, and forecasted sales to help businesses accurately predict their restocking needs and optimize their inventory management. Days Supply Formula allows businesses to forecast more effectively and plan for any potential bumps in the road when it comes to ordering new products or supplies. In essence, it’s a tool for smarter, more efficient business decisions.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971