Tadayonrad, Yasin; Ndiaye, Alassane Ballé - In: Supply chain analytics 3 (2023), pp. 1-15
Forecasting demand and determining safety stocks are key aspects of supply chain planning. Demand forecasting involves … excess production can be reduced by accurately forecasting demand. This allows companies to plan production, inventory, and … inventory and carrying costs. Forecasting demand and determining safety stocks work together to help companies reduce costs …