Matt Sedensky

Associated Press

Your Complete Guide to Inventory Forecasting

Your Complete Guide to Inventory Forecasting

An accurate inventory forecast is invaluable, especially when supply chains and consumer demand are changing rapidly. Effective inventory forecasting can mean the difference between profitability and piles of unsold goods that eat up your available cash.

Workers wearing protective suits spray disinfectant as a precaution against the coronavirus at a market in Bupyeong, South Korea, Monday, Feb. 24, 2020. South Korea reported another large jump in new virus cases Monday a day after the the president called for 'unprecedented, powerful' steps to combat the outbreak that is increasingly confounding attempts to stop the spread.

Virus Pushes Beyond Asia

Countries are scrambling to limit the spread.

In this Tuesday, Nov. 8, 2016 photo, supporters watch as results come in at the a GOP election party in Cedar Falls, Iowa. Donald Trump’s stunning election win came despite prognosticators' overwhelming insistence he would lose and has forced people to question not just political polling, but all the facets of life that are being informed and directed by data.

'Big Data' Questioned in Wake of Trump's Victory

Technology has filled people's lives with crowdsourced, data-driven or otherwise instructive metrics and left many convinced of their validity.