Demand Planning Strategy

Demand Planning Strategy is a set of tools and processes used to forecast customer demand and develop inventory strategies that balance supply and demand. It allows businesses to estimate the impact of seasonality and trends on future demand, control inventory levels, and plan for potential surges in demand. By having a better understanding of what customers will demand in the future, businesses can ensure they have the right amount of stock at the right time to meet customer expectations. Ultimately, this leads to higher profits and improved customer satisfaction.