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inventory forecasting

Structure your product database for success.

For inventory management software to work properly, and for your reports to make sense, you need good data, which means your systems and sales channels need to have the right data structure.

Keep these points in mind:

  • Maintain a single, unique SKU for each inventory item
  • Build kits and bundles correctly
  • Handle variants such as size and color properly
  • Understand the different units in which you may be buying and selling – perhaps pallets, crates, and cartons