What reorder forecasting is
Reorder forecasting analyses your historical consumption patterns and your current stock levels to predict when each item will run out. It generates recommended reorder dates and quantities so you can plan purchases before stockouts happen β rather than discovering an empty shelf when someone needs the item urgently.
How to view reorder forecasts
Go to Consumer β Reorder forecast. The forecast shows each product in your inventory with:
- Current stock β what you have right now
- Average monthly consumption β based on your last 3 months of records
- Days of stock remaining β at the current consumption rate, how many days until you run out
- Recommended reorder date β the date you should place a purchase order to avoid a stockout, accounting for your supplier lead time
- Recommended order quantity β enough to cover 2 months of consumption at the current rate
Acting on a forecast
Items with fewer than 30 days of stock remaining are highlighted. For each highlighted item, click Create purchase order to raise a PO for that item directly from the forecast screen β without navigating to Purchases separately.
Forecast accuracy
Forecasts are only as accurate as your consumption records. If your team is not recording consumption consistently, the forecast will be based on incomplete data and will underestimate your true consumption rate. Consistent daily recording is what makes the forecast reliable.