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Home » Demand Planning, Forecasting Projects Work Best If All Departments Are Involved

Demand Planning, Forecasting Projects Work Best If All Departments Are Involved

January 6, 2015
Industry Today

Too often, though, the decisions to cut inventory and methods for doing so happen with little input from those responsible for distribution operations. Sometimes, distribution centers aren’t even aware of the changes until they notice issues emerging in their once-stable environments. Even when distribution leaders do take part in the discussion, they often fail to consider the potential side effects - primarily because few understand them.

Increases in inventory turns affect many facets of the distribution center operations, making it important to anticipate the impacts before customers feel them.

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KEYWORDS consumer packaged goods Demand Volatility Forecasting & Demand Planning forecasting accuracy Industry Today inventory control Inventory Planning Inventory Planning/ Optimization Logistics logistics services supply chain IT Supply Chain Management supply chain management: forecasting and demand planning Technology
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