What is demand forecasting for determining order quantities? A thorough explanation of recommended tools!
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In determining the order quantities for raw materials and components, it is important to conduct demand forecasting appropriately, as doing so can lead to the suppression of excess inventory and the avoidance of lost sales opportunities. However, among order managers in retail and manufacturing, there may be some who decide on order quantities "somewhat arbitrarily." Therefore, this article will explain the importance and methods of demand forecasting in ordering operations, as well as demand forecasting models. *For more detailed content of the blog, you can view it through the related links. For more information, please download the PDF or feel free to contact us.*
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*You can view the detailed content of the blog through the related links. For more information, please download the PDF or feel free to contact us.*
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