Inventory Planning Blog

Intelligent Inventory Planning Solution Helps Lead Through COVID-19

Posted on Tue, May 04,2021@07:45 AM

The COVID-19 Pandemic is presenting a serious challenge when it comes to inventory forecasting, planning and replenishment. Cases range from plummeting sales and closed businesses to unprecedented peak sales, to extended lead times, to short or unavailable stock and raw materials. Further, the general consensus at the moment, is that the immediate impact as described above will be followed by either an upturn or return to more normalized levels and a gradual return to available stock. Then, there is the unknown question of if the virus will return in the fall/winter and what kind of impact will be felt then.

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Tags: replenishment planning, web based inventory planning, forecasting software,