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If you’re a stock-holding business, it’s hard to balance the amount of stock you hold to meet demand with capital...
What is forecast accuracy? Forecast accuracy measures how close your demand forecast is to the actual demand value. You can...
What is demand forecasting? Demand forecasting is the process of predicting future customer demand for your products to help with...
Smart inventory managers plan for Chinese New Year many months before the event. The more prepared you are, the greater...
As global supply chains become more complex, disruption in one link can significantly impact other areas. Therefore, it is essential...
In the face of unprecedented global events that have posed significant challenges to businesses across the supply chain, the importance...
The Bathroom Manufacturers Association revealed their emerging trends for 2024 at KBB Birmingham last week. As the bathroom manufacturing industry...
As we ride each wave of supply chain disruption, we hope it will be the last. However, the world is...
This post focuses on inventory planning and optimising stock levels during periods of supply chain disruption and erratic customer behaviour....
Inventory management, business growth and expanding product ranges There are several reasons you could be expanding your product portfolios. Whether...
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...
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