Ask us anything...

Suggested Order Quantity

An idea that needs a bit more analysis/thought but it would be great to explore a suggested order quantity based on X period of sales and a minimum inventory threshold

2 votes
Sign in
(thinking…)
Password icon
Signed in as (Sign out)

We’ll send you updates on this idea

Gabriel shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →

2 comments

Sign in
(thinking…)
Password icon
Signed in as (Sign out)
Submitting...
  • Gabriel commented  ·   ·  Flag as inappropriate

    Any chance we can revisit this idea now that we have more historical data? I know it can get very complex but with inventory, daily average sales, inventory threshold and recent unit sales over say an 8 week period, could we come up an algorithm that might work?

    Thoughts?

  • AdminDigThisData Support (Support, DigThisData) commented  ·   ·  Flag as inappropriate

    While I agree this would be great, it would most likely require multiple years worth of data to calculate for seasonal changes in sales. Holiday weekends/periods upswings would otherwise be missed. Add into the mix seasonal products and Vintages released (that are often only stocked for a short period of time), it makes any type of accurate algorithm quite complex.

Feedback and Knowledge Base