Best Practices in Demand Planning and Sales Forecasting

Best Practices in Demand Planning and sales Forecasting

Best Practices in Demand Planning and sales Forecasting 

Organizations spend a lot of time and resources to improve the accuracy of the demand forecasts that are used in their supply chain. The practices adopted by these organizations in addition to a poor process design can instead hamper the goals of an accurate demand plan and a lean supply chain process. 

In this paper, we discuss the best practices necessary to improve demand planning and create supply chain efficiencies. We will also discuss the worst practices in demand planning so you can steer clear of these inefficient processes.

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