Demand Forecasting: The Key to Feeding Your Inventory for Optimal Performance
Introduction Imagine running a restaurant without knowing how many diners will show up, only to find yourself overstocked on perishables or scrambling for supplies at the last minute. In the supply chain world, demand forecasting plays the same role: it predicts future customer needs, enabling you to stock the right products at the right time. […]
How to Run an Effective ABC Analysis in Your WMS: A Step-by-Step Guide
Introduction Every warehouse manager knows that not all stock is created equal. Some high-value components account for the lion’s share of your inventory investment, while dozens of low-value items barely move the needle. That’s where ABC analysis comes in: a proven method to classify SKUs into three categories—A, B, and C—so you know exactly where […]
