Accurate forecasting is essential for optimizing inventory levels, improving demand planning, and ultimately driving sales. Traditional forecasting methods often fall short, leading to stockouts, excess inventory, and missed sales opportunities. However, with the advancements in technology, innovative tools are emerging that can revolutionize the apparel industry’s forecasting strategies. Let’s study traditional forecasting and then examine the potential of the automation tool MyFieldHeroes in redefining apparel sales strategy with correct forecasting. Traditional Forecasting- Challenges Pen and
Many apparel businesses are spending sleepless nights because they do not get updates from their field staff. Often when a manager or supervisor is at a distant location, it is difficult to track what field staff are doing. However, it is necessary to check that your field staff are reaching the right targets, executing campaigns effectively, and providing accurate updates to you. Surprisingly, that is possible with field force automation tools, one of which is
