- Deliver when you promised
- Avoid emergency carriage charges
- Negotiate better prices
Stock control can be a big problem for manufacturers. Fabric in particular is a major problem because of the huge variability of demand and the wide range that needs to be stocked
If you don't have enough stock then you can't deliver- and todays customers don't want to wait 8 weeks for you to get more fabric from the mills so, not only might you lose the order, but you might lose the retailer too.
If you can forecast demand you can plan your purchasing better, placing bigger orders with fewer emergencies so that you can negotiate a better deal
SuiteMaker's Stock Forecast tool shows you your stock situation both currently and in the future, along with historical demand over the last 8 and 24 weeks.