Planning your inventory for the holidays
First, I have a question for you, are you smarter than artificial intelligence when it comes to running your ecommerce business? Do you know how much you’re going to sell in the coming month or 3 months? Specifically, October, November, December and January? The reason I’m talking about these months is because the warehouse fees for Amazon and most 3PLs increase by 3 to 5 times more during this time. This could potentially ruin your business as a result of these ludicrous costs. To combat this problem, you need to know how much you will sell during the Christmas period and what are your three worst days. Taking a look at what our AI determines is our worst day from October 1st to January 31st. So you can see here the three worst days are Christmas Day, Boxing Day and New Years Day. Zooming in you can get a closer look. If you guessed that these would be the worst performing days, congratulations you’re as smart as our AI! If you are managing a lot of SKUs and there are a lot of holida