Demand Planning Inventory Management is a business process that involves predicting and managing future customer demand for products or services. It is an integral part of any supply chain management system as it helps to ensure that the right quantity of materials, parts, products, and services are readily available when they are needed. The key goals of this process include reducing inventory costs, improving customer service levels, and helping to maximize profits. By accurately forecasting and planning the demand of customers, companies can better manage their inventory while ensuring that they never run out of stock. In short, Demand Planning Inventory Management is a crucial business process that helps to keep businesses running smoothly and efficiently.