This blog post provides some basic information about viable inventory forecasting techniques. Forecasting is one of the key steps in inventory planning but not the only one. There are other key variables and processes that come into play in good supply chain replenishment planning including inventory rationalization and optimization.
Read MoreTags: inventory forecasting
Companies approach their inventory planning in many different ways - from seat of the pants guessing, to team collaboration, to spreadsheets that may invoke more team collaboration and manual changes, to forecasting software and some to advanced planning solutions.
Read MoreTags: SAP Business One, inventory forecasting, NetSuite Demand Planning
The first forecasting blog covered an overview to inventory forecasting and the techniques available. This post continues to review the approaches to inventory forecasting.
Read MoreTags: inventory optimization, Forecasting Inventory, stock forecasting, inventory forecasting
This is Part 1 of a two-part series on inventory forecasting. This blog provides some basic information about viable inventory forecasting techniques. Forecasting is a key step in inventory planning but not the only one. There are other key variables and processes that come into play in good supply chain replenishment planning including inventory rationalization and optimization..
Read MoreTags: inventory optimization, stock forecasting, inventory forecasting, warehouse management
