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Forecasting Methods
14 TESTED FORECASTING METHODS YOU NEED TO KNOW AS A SUPPLY CHAIN PROFESSIONAL
13 days ago

<div class="at-above-post-arch-page addthis_tool" data-url="https://www.scmdojo.com/forecasting-methods/"></div>We all know the importance of demand forecasting in the supply chain, but the question people mostly ask which of the many forecasting methods is best suited for us? In my experience, Made-to-stock business has to forecast because that’s how they decide what to build. If there is no forecast and you are buying from... <a class="read-more" href="https://www.scmdojo.com/forecasting-methods/">Continue reading</a><!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter on get_the_excerpt --><!-- AddThis Share Buttons below via filter on get_the_excerpt --><div class="at-below-post-arch-page addthis_tool" data-url="https://www.scmdojo.com/forecasting-methods/"></div><!-- AddThis Share Buttons generic via filter on get_the_excerpt -->

Importance of Inventory Management
Importance of Inventory Management – 14 Awesome Benefits You should know
28 days ago

<div class="at-above-post-arch-page addthis_tool" data-url="https://www.scmdojo.com/importance-of-inventory-management/"></div>Do you know the importance of inventory management? I am sure most of you will say yes! But do you know the full range of benefits. Inventory management enhances business operations with the effective flow of goods and services. Inventory Management and control implies the controlling of business stock or controlling the movement of products... <a class="read-more" href="https://www.scmdojo.com/importance-of-inventory-management/">Continue reading</a><!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter on get_the_excerpt --><!-- AddThis Share Buttons below via filter on get_the_excerpt --><div class="at-below-post-arch-page addthis_tool" data-url="https://www.scmdojo.com/importance-of-inventory-management/"></div><!-- AddThis Share Buttons generic via filter on get_the_excerpt -->

Material Planning 6

machine learning forecasting

Machine Learning Forecasting is attracting an essential role in several significant data initiatives today. Year ago, I have mentioned machine learning as top 7 future trends in supply chain. Big retailers, Supply chain, and logistics experts are using Machine Learning Forecasting to aid improve customer engagement and produce more precise demand forecasts better than traditional… Continue reading

Inventory Management Model

Why Consider Inventory Management Model? One of the leading problems in SCM is the optimization of inventory. Inventory is actually a consequence of other business parameters and policies, such as:   Company goals and objectives: sales target, fill rate goals, purchase price variance, etc Operational policies and parameters: lead times, lot sizes, change over times, safety… Continue reading