Search The Inventory Mentor

What is demand planning?

---

Demand planning is a complicated yet necessary process to effectively determine how much inventory you need to meet your customer’s demands. The demand planning process relies on many data points such as historical sales data, factoring in lead time... Read More

[LONG FORM] Is your manufacturing planning optimal?

---

As a manufacturing business, you probably have an existing solution that enables you to set your inventory levels, plan your manufacturing, suggest raw materials and components you need to order to support your manufacturing process.  In our... Read More

Monthly versus weekly inventory forecasting, and delusions of accuracy

---

Businesses often insist on forecasting weekly, based on considerable demand variation from week to week. The belief is that weekly forecasting will be more accurate, will improve their replenishment planning, and will lead to a better managed... Read More