Linking Demand Planning & Inventory Management For Optimal Stock Levels
This article discusses the importance of establishing strong links between demand planning and inventory management processes. Several steps in the Sales & Operations Planning (S&OP) process can be more effective if this relationship is managed well. For example, linking expected demand patterns with a review of stocking risks and an evaluation of the best stocking strategy. It shows “how-to” examples for integrating demand planning with inventory control to gain a better overall balance across objectives leading to improved financial ...
From Issue:
How to Identify & Communicate Downturns In Your Business
(Spring 2020)
IBF Journal Article by Alan L. Milliken, originally published in Spring 2020
Linking Demand Planning & Inventory Management For Optimal Stock Levels