About Forecast
Forecast is a larger Amazon seller and it's hard to monitor everything Amazon does and doesn't do. When they first used the inventory adjustment tool, Forecast was sold on the Forecastly software, and to their surprise, Amazon shut down about 100 shipments, all of which were owed to their company. They spent four hours creating a case for this "unfinished" inventory, which resulted in a recovery cost of $18000.00 for incoming inventory losses. Before the forecast, the founder used excel to try to guess how much inventory to order, frankly, this is a costly nightmare. Now he is predicting that out of stock is almost non-existent, and it has increased his income at the end of the year by a single shot. Most people don't understand how much they will lose if they are out of stock. For him, he used to be out of stock for a week, and some of his products lost more money than the software spent a year!