eCommerce Wordbook

Demand Forecasting

What is the meaning of Demand Forecasting?

Demand forecasting refers to the use of data and insights to predict how much of a specific product or service customers will want to purchase during a defined time period. This method of predictive analytics helps retailers understand how much stock to have on hand at a given time.

Discover companies and technologies that are revolutionizing supply chain plus monthly insider tips, how-to-guides and latest news in our online magazine.

Who are Amazon's main competitors?

Who are Amazon’s main competitors?

When it comes to online retail and ecommerce powerhouses, one name towers above the rest: Amazon. Thanks to its unmatched strengths in logistics, transportation, distribution, and constant technological innovation, Amazon has pulled so far ahead that it’s fair to wonder if anyone else even qualifies as true competition. Seriously —

Read More »