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Forecasting Supply Chain Requirements

Forecasting Supply Chain Requirements

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Published by: duygudeveci861349 on Oct 15, 2009
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LOG301Dr.Burcu Ozcam
Forecasting SupplyChain Requirements
LOG301Dr.Burcu Ozcam
The Importance of Forecasting
Governments forecast unemployment, interestrates, and expected revenues from income taxesfor policy purposes
Marketing executives forecast demand, sales, andconsumer preferences for strategic planning
College administrators forecast enrollments to planfor facilities and for faculty recruitment
Retail stores forecast demand to control inventorylevels, hire employees and provide training
LOG301Dr.Burcu Ozcam
What’s Forecasted in theSupply Chain?
Demand, sales or requirements
Purchase prices
Replenishment and deliverylead times
CR (2004) Prentice Hall, Inc.

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