Regardless of what you sell, or the channels you sell through, you will encounter fluctuations in sales that happen according to trends and seasonality. Navigating these peaks and troughs is imperative for any business. To optimise your business for seasonal trends, a key factor is the ability to accurately plan and forecast. Here’s how you …
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We’re in the midst of a cost-of-living crisis, with rapidly rising prices affecting both consumers and businesses alike. The ability of a company to prepare for and adapt to the effects of inflation can be a huge advantage. It’s by making smart financial planning decisions that you can combat price increases and survive inflationary trends. …
Why Financial Planning is More Important Than Ever Read More »
Accurately forecasting the demand for seasonal food and drinks goods is a tricky business. It has ramifications throughout your operation. Purchasing needs to know what to buy and when; the warehouse needs to plan for storage requirements, stock movements and staffing needs; and of course, it impacts your budgetary process as well as your ultimate …
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