Inventory Planning Blog

A more complex global environment is creating significant inventory challenges for manufacturing inventory planning. Manufacturing companies need to become more innovative and resourceful to compete in today’s global marketplace. Many manufacturers not only produce goods for other manufacturers, but they are also now selling their products directly to other manufacturers (B2B commerce) and even consumers (B2C commerce). The use of e-Commerce rising so dramatically has added more challenges for managing both production and finished goods inventories.

Part 1 of our Inventory Forecasting blog, covers an overview to inventory forecasting and the techniques available. This continues to review the approaches to inventory forecasting.