Scribd Logo
Upload

Welcome to Scribd!

  • POM Lec 3 Forecasting

    Uploaded by

    Katimaa Rizvii
    2 views27 pages
    Demand forecasting is the process of estimating future demand for a product or service. It involves analyzing historical sales data as well as factors like market conditions, product life cycles, marketing activities, and macroeconomic indicators to predict future demand. Accurate demand forecasting allows businesses to better plan production schedules, inventory levels, staffing needs, and supply chain requirements to meet customer needs in a cost-effective manner.

    Original Description:

    Supply Chain Forecasting

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Demand forecasting is the process of estimating future demand for a product or service. It involves analyzing historical sales data as well as factors like market conditions, product life cycles, marketing activities, and macroeconomic indicators to predict future demand. Accurate demand forecasting allows businesses to better plan production schedules, inventory levels, staffing needs, and supply chain requirements to meet customer needs in a cost-effective manner.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views27 pages

    POM Lec 3 Forecasting

    Uploaded by

    Katimaa Rizvii
    Demand forecasting is the process of estimating future demand for a product or service. It involves analyzing historical sales data as well as factors like market conditions, product life cycles, marketing activities, and macroeconomic indicators to predict future demand. Accurate demand forecasting allows businesses to better plan production schedules, inventory levels, staffing needs, and supply chain requirements to meet customer needs in a cost-effective manner.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 27

    Demand Forecasting

    You might also like