Muddassir Ahmed4 minSeven reasons why you need to forecast in supply chainThe importance of demand forecasting has been topic of discussion in economics and some valuable books have been written on it over the...
Randolf Saint-Leger3 minImportance of Forecasting in Supply Chain ManagementForecasting is an imperfect science, but it is also a necessity for most businesses. That's particularly true when it comes to supply...
Ralph Cox, Principal, Tompkins International4 minTen Business Reasons Why Demand Forecasts MatterMany people who work in supply chains are familiar with the old saying, “The forecast is always wrong.” It’s almost always true, of...
LARAN JOSEPH7 minInventory Management Techniques and Their ImportanceAn inventory is a warehouse or storage location where a business maintains stocks of its products so that it can ensure swift delivery of...