The Auto Inventory Forecasting application allows you to predict how much inventory you may need to meet future sales demands
This app works by looking at historical sales data and trends within Microsoft Dynamics 365 Business Central. Set how far back you want to look at your historical data and how far forward you want to predict your sales demands.
Use the Auto Inventory Forecasting application with Microsoft Azure AI Forecasting extensions to look deeper into your data and find accurate trends. The AI Forecasting extension will use calculations and statistical models to make your forecast.
You can also choose from one of five models to dynamically calculate safety stock. When activated, this will factor in your desired service level and update safety stock values per item in Business Central.
Forecasting future sales demands based on historical data and trends can help your company avoid overstocking inventory or not having enough inventory to meet your sales demands. Downloading our app will result in better strategic sales, significant cost savings and a more efficient inventory turnover for your business.
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