Craig Barnell
Co-Founder and COO of Fishers Finery and Director of Customer Insights of ForecastRx - Fishers Finery and ForecastRx
How Using AI Driven Inventory Forecasting Improves Profitability and Cashflow
Amazon FBA has become increasingly complex. With new inventory limits, increased storage costs, and delays in Amazon receiving -the ability to utilize AI-driven forecasting models is more important than ever. Forecasting must identify sales trends and seasonality while incorporating lead times and order intervals to provide sellers with the tools necessary to order the right products in the right quantity at the right time.
For over a decade, Craig has been involved in eCommerce. He is the Co-Founder and COO of Fishers Finery - an 8 figure, high volume, Amazon seller. As Fishers Finery grew in sales revenue and SKU count, one of the most massive pain points was managing inventory. The goal was to find a forward-looking solution – to predict trends, consider seasonality – incorporate order intervals, and lead times to manage the complete ordering and stocking process. This quest gave birth to ForecastRx. ForecastRx is developed to deal specifically with the needs of eCommerce companies.
Craig Barnell
Co-Founder and COO of Fishers Finery and Director of Customer Insights of ForecastRx - Fishers Finery and ForecastRx
How Using AI Driven Inventory Forecasting Improves Profitability and Cashflow
Amazon FBA has become increasingly complex. With new inventory limits, increased storage costs, and delays in Amazon receiving -the ability to utilize AI-driven forecasting models is more important than ever. Forecasting must identify sales trends and seasonality while incorporating lead times and order intervals to provide sellers with the tools necessary to order the right products in the right quantity at the right time.