Month: February 2025

Understanding Good vs. Bad Stock When you work in any industry that deals with products, you quickly realize that inventory management is a complicated process. Businesses constantly struggle to find the right balance—do they need more stock, or is it better to reduce it? How much is too much? How little is too little? These … Read more

Urban legend has it that we need a very accurate forecast. Of course, we know that this won’t happen, as actual demand will differ from forecasts. Nevertheless, major efforts are being made to improve forecast accuracy in demand-driven planning. For the sake of curiosity, let’s take a look at an item replenished using a Demand … Read more