IoT plays a significant role in inventory management. From tracking assets to providing real-time information about inventory status and location, IoT has transformed how businesses handle their inventory. But how does IoT impact demand forecasting?
With IoT, businesses can collect real-time data to get an accurate and complete picture of their inventory in real-time. This enables businesses to optimize stock purchases, reducing the risk of low or excess stock.
Download this ebook to learn how IoT is improving demand forecasting by using data to accurately predict changing demands, reducing costs and increasing customer satisfaction.
