Companies shouldn’t sleep on demand planning


🎩 Companies shouldn’t sleep on demand planning.

Demand planning is the process of forecasting the demand for a product or service in the future. In the supply chain industry, demand planning is a critical aspect of managing inventory and ensuring that the right products are available at the right time to meet customer demand. It involves analyzing data on past sales, market trends, and other relevant factors to make predictions about future demand. Effective demand planning can help a company to avoid overstocking or running out of inventory, which can lead to lost sales or customer dissatisfaction.

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