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What is seasonal demand? Seasonal demand is defined as a time series with repetitive or predictable patterns of demand, due...
Global marketplaces have been rocked over recent years, with customer demand and inventory supply more erratic and complex than ever...
The last few years have seen the world rocked by many chaotic events. The global pandemic, continuing extreme weather events,...
Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s...
In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands...
Every product goes through several phases from its launch to eventual phasing out, which is known as the product life...
What is demand forecasting? Inventory demand forecasting is how companies predict customer demand for an inventory item over a defined...
What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and...
What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number...
Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and...
What does supply chain optimisation mean? Put simply, supply chain optimisation means using technology to get inventory to the right...
What is a supply chain strategy? A supply chain strategy explains how a company plans to bring goods into the...
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