Use Historical Data: Analyzing historical sales data can provide valuable insights into sales patterns and help businesses make more accurate predictions.

Consider Seasonal Trends: Many wholesale businesses experience seasonal fluctuations in demand, and it's important to take these trends into account when forecasting inventory.

Monitor Industry Trends: Keeping up to date with industry trends and market conditions can help businesses anticipate changes in demand and adjust their inventory accordingly.

Collaborate with Suppliers: Working closely with suppliers can help businesses better understand lead times, production schedules, and other factors that can impact inventory forecasting.

Use Inventory Management Software: Inventory management software can automate the forecasting process and provide real-time visibility into inventory levels and sales data.

Implement Safety Stock: Setting aside safety stock can help businesses avoid stockouts and ensure they have enough inventory to meet unexpected demand.