The purpose of Demand Planning is to improve decisions affecting demand accuracy and the calculation of buffer or safety stocks to reach a predefined service level. All decisions in the whole supply ...
Therefore, the demand plan, the shipment plan, and the sales or revenue plan are all one and the same. If services are a product, the service requirements and projected revenues should be included in ...
Regardless of a company's size or the nature of their products, managing seasonal demand can pose significant challenges, creating the need for effective demand planning and forecasting.