How can you improve demand forecasting, and frequency of delivering goods to distributors?
(edited)
How can you improve demand forecasting, and frequency of delivering goods to distributors?
(edited)
Hi there,
Quite simply, by using technology. You'll need to bring in an inventory management system and data analytics.
There are two parts to your question:
Improve Demand Forecasting
Increase Frequency of Delivering good to Distributors
In supply chain everything is connected. Localised improvements will only give marginal benefits before the problem piles up.
Demand Forecasting-> Supply Planning-> Inventory Management-> Sourcing & Procurement-> Manufacturing-> Delivery & Distribution- > Returns
(edited)