Building a CPG brand is like playing a game of which came first, the chicken or the egg. You need inventory to feel confident making sales, but you need sales to have the money to pay for inventory. This is especially true with products that have a short shelf life. What’s the answer? Utilizing proper forecasting tools to know how much product you should make.
I’ve invited on Ian Leaman, co-founder and CEO of Pantry AI to discuss how to improve your forecasting.
Startup to Scale is a podcast by Foodbevy, an online community to connect emerging food, beverage, and CPG founders to great resources and partners to grow their business. Visit us at Foodbevy.com to learn about becoming a member or an industry partner today.