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Supply Demand Planning

oboloo Glossary

Supply Demand Planning

Supply Demand Planning (or SDP) is an essential part of any effective business strategy. It’s a holistic approach to managing and forecasting demand for products and services, in order to ensure an optimal balance between supply and demand. This involves forecasting demand accurately, understanding customer needs, maintaining inventory levels, and finding creative solutions to meet these needs. It also requires good communication with buyers and suppliers, so that all parties are aware of their goals. With SDP, companies can create an effective strategy to optimize their resources and maximize profits!

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