What is demand planning?: Plus different models and techniques
Quick answer: Demand planning is the structured process of aligning inventory, purchasing, production, and supply chain decisions to meet customer demand.
Monthly versus weekly inventory forecasting
Businesses often insist on forecasting weekly, based on considerable demand variation from week to week. The rationale is weekly forecasting will be more accurate, will improve replenishment planning, and will lead to a better managed overall inventory. But will it?
