{"_id":"55b1ed35ae3b7621003e669d","user":"55b17309b3a7e037008ac294","version":{"_id":"55b17318ae3b7621003e65a0","project":"55b17318ae3b7621003e659d","__v":6,"createdAt":"2015-07-23T23:04:56.991Z","releaseDate":"2015-07-23T23:04:56.991Z","categories":["55b17319ae3b7621003e65a1","55b1f85bbd0ec92d002227d3","5643ca63c6e9600d006bd71d","57985b0417ced017003c4c25","57e9c03b0691d50e007bee6d","58842626cdbc3c0f00175638"],"is_deprecated":false,"is_hidden":false,"is_beta":false,"is_stable":true,"codename":"","version_clean":"1.0.0","version":"1.0"},"__v":8,"parentDoc":null,"project":"55b17318ae3b7621003e659d","category":{"_id":"55b17319ae3b7621003e65a1","version":"55b17318ae3b7621003e65a0","pages":["55b1731aae3b7621003e65a3","55b1e600ae3b7621003e6674","55b1ed35ae3b7621003e669d","55b1f894fa4acb1700910e90","55b1f8d1bd0ec92d002227d6","55b72baa2764c20d008d7cc6","55c598635c5d9f0d00496a26","5643d31cc92c470d002decf1","564bbb340cbcc91700b81719","5668a03006039e0d00c4ed5f","5668a36132fe4e0d0084f52b","56b83ffeb1e03e0d00105627","56d7d14d7a04df0b00ddefb5"],"project":"55b17318ae3b7621003e659d","__v":13,"sync":{"url":"","isSync":false},"reference":false,"createdAt":"2015-07-23T23:04:57.528Z","from_sync":false,"order":1,"slug":"documentation","title":"Documentation"},"updates":[],"next":{"pages":[],"description":""},"createdAt":"2015-07-24T07:45:57.084Z","link_external":false,"link_url":"","githubsync":"","sync_unique":"","hidden":false,"api":{"results":{"codes":[]},"settings":"","auth":"required","params":[],"url":""},"isReference":false,"order":3,"body":"Forecasting largely depends on the nature of your store. If your store is highly seasonal then forecasting based on the last X days may not work for you.\n\nStocky has the ability to look at the previous seasons sales but note that any products that were not available during the same season last year will not be included on the forecast.\n\nThe more sales data Stocky has access to, the better the forecast will be. Be careful with new products or products with a low amount of sales.\n\n## Last X days\n[block:image]\n{\n  \"images\": [\n    {\n      \"image\": [\n        \"https://files.readme.io/PR1KvE8iSyGBdeU71HTR_Stocky%207.png\",\n        \"Stocky 7.png\",\n        \"1474\",\n        \"154\",\n        \"#636363\",\n        \"\"\n      ],\n      \"sizing\": \"80\",\n      \"border\": true\n    }\n  ]\n}\n[/block]\nThis forecast is generated using an average and is best for non-seasonal and products that were not available last season. It looks at the previous **Sample period** of sales for each variant and forecasts the same rate of sales for the **Suggest for** days.\n\nE.g if you sold 10 hats per day over the last 20 days and want to order 30 days worth of stock, Stocky will suggest you order 300 hats.\n\n## Same period last year\n[block:image]\n{\n  \"images\": [\n    {\n      \"image\": [\n        \"https://files.readme.io/UEX12rLnQO6GnEVpfhFy_Stocky%208.png\",\n        \"Stocky 8.png\",\n        \"1474\",\n        \"154\",\n        \"#646464\",\n        \"\"\n      ],\n      \"sizing\": \"80\",\n      \"border\": true\n    }\n  ]\n}\n[/block]\nThis is best for seasonal products. It looks at the same period of sales in the previous year to make a forecast. It will also look at how much the vendor has grown over the year and add any growth to the forecast.\n\nBe careful, any items that were not available last year will need to be added manually using the Add Products form at the bottom of the PO.\n\n## Fill shelves\n\nIf you simply want to fill your shelves you can set a shelf limit by visiting the vendor page and clicking on Settings.","excerpt":"","slug":"demand-forecasting","type":"basic","title":"Demand Forecasting"}

Demand Forecasting


Forecasting largely depends on the nature of your store. If your store is highly seasonal then forecasting based on the last X days may not work for you. Stocky has the ability to look at the previous seasons sales but note that any products that were not available during the same season last year will not be included on the forecast. The more sales data Stocky has access to, the better the forecast will be. Be careful with new products or products with a low amount of sales. ## Last X days [block:image] { "images": [ { "image": [ "https://files.readme.io/PR1KvE8iSyGBdeU71HTR_Stocky%207.png", "Stocky 7.png", "1474", "154", "#636363", "" ], "sizing": "80", "border": true } ] } [/block] This forecast is generated using an average and is best for non-seasonal and products that were not available last season. It looks at the previous **Sample period** of sales for each variant and forecasts the same rate of sales for the **Suggest for** days. E.g if you sold 10 hats per day over the last 20 days and want to order 30 days worth of stock, Stocky will suggest you order 300 hats. ## Same period last year [block:image] { "images": [ { "image": [ "https://files.readme.io/UEX12rLnQO6GnEVpfhFy_Stocky%208.png", "Stocky 8.png", "1474", "154", "#646464", "" ], "sizing": "80", "border": true } ] } [/block] This is best for seasonal products. It looks at the same period of sales in the previous year to make a forecast. It will also look at how much the vendor has grown over the year and add any growth to the forecast. Be careful, any items that were not available last year will need to be added manually using the Add Products form at the bottom of the PO. ## Fill shelves If you simply want to fill your shelves you can set a shelf limit by visiting the vendor page and clicking on Settings.