oboloo Glossary

Inventory Projection

oboloo Glossary

Inventory Projection

Inventory projection is a predictive tool used by businesses to determine the future need and demand for products. It takes into account factors like market trends, seasonal fluctuations, customer feedback and pricing models in order to form an accurate forecast. Stocking up on the right amount of inventory while avoiding over- or understocking can payoff big in the long run – as it helps businesses save time, money and headaches. So if you’re looking to gain a competitive edge and keep your shelves full, it pays to know your product specifications and plan ahead with inventory projections!