Inventory forecasting is the practice of using past data, trends and known upcoming events to predict needed inventory levels for a future period.
When you can view the inventory forecast, you will identify some fast-moving products, and you may need to quickly restock those fast-moving items. A fast-moving product is a good or item that sells quickly and within a short period of time.
If you want to identify which products are fast-moving or to see the Inventory forecast on your DealPOS account, you can use Inventory Days Of to analyze when you should restock the product. Inventory Days Of can analyze how long it takes to sell one product until it is sold out. To see about how the Inventory days of works, you can follow the steps below
I. Inventory Days Of From Product Menu
Step 1. Go to Product, choose variant, and Search/Choose Variant Product
Step 2. Click Tab Days of
II. Inventory Days Of From Specific Product
Step 1. Go to Inventory and choose on the Days of
Step 2. Search for the variant product name or variant code on the Search bar
Notes:
To see Last in Stock you have to click on the "?" symbol
III. Inventory Days Of From Inventory All Product
Step 1. Go to Inventory and choose Days of
Table of content
Name | Value | Information |
Available Inventory | 8 | Stock available in the current inventory |
Last in Stock | 100 | Last Stock Purchase |
7 Days Sales | 40 | Total sales that occurred for 30 days |
Daily Sales | 6 | Average sales per day in 30 days |
Days of | 0 | Estimated of days for the all items on inventory to be sold out |
Related Articles
In case if you want to see the Inventory Log from your products, you can try to see on How to See Inventory Log/Stock Card
If you want to input multiple products when creating a purchase order, you can import it using CSV file by the following article here: Upload Multiple products using CSV when buying
If you want to fill the inventory by using the Adjustment menu, you can read these collections of articles for more information about the Adjustment menu: Adjustment
If you want to transfer stock products between outlets, you can see this article: Transfer Inventory Between Outlets
DealPOS is an online point-of-sale (POS) application specifically designed for retail businesses in categories like Fashion, Minimarkets, Electronics, Fresh Food, and Building Material Stores.
With DealPOS, you can manage both online and offline store inventory in real-time on a single platform. You can also sell through omnichannel (offline and online) as DealPOS integrates with marketplaces (Shopee, Tokopedia, TikTok Shop, Lazada) and instant web stores (Shopify and WooCommerce).