Archive for February, 2016

February 12, 2016

How Forecasts Can Help Optimize a Supply Chain

When it comes to optimizing supply chains, one of the most important set of calculations that need to be made are the forecasts. Being able to make accurate forecasts could make or break a company’s efforts to optimize their supply chain, as it is central to it in more ways than one.

“Why is the Forecast so Important?”

Every supply chain is based on manufacturing and delivering a product to consumers. As such, ultimately, it is designed around the sales of the product itself. At the time when the supply chain is designed however, those sales are not yet certain and that is where forecasts come into play.

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