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February 5, 2018
Demand Planning uses forecasts to help highlight opportunities and threats; tell us ahead of time what we expect sales of a product to be; and which markets or channels...
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December 13, 2017
The question of whether forecasts are necessary crops up from time to time. The inescapable conclusion is that no matter what type of business you are in, or what function...
Designed to deal with sporadic demand (no seasonality) with a two-step process. The main goal is to provide a good safety stock, resulting in a situation where there is neither over or under stock. This is accomplished by considering two aspects of the data: the demand size and the…
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