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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 405272
 
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Demand Forecasting for Inventory Planning

Live Webinar
April 2, 2019
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$199Register Now
Can't Attend?   Audio & Reference Manual$199Add to Cart

Learn how to get the right product at the right time with these demand forecasting best practices.

Many demand forecasters and planners who want to optimize inventory levels, often find themselves overstock or understock. They are repeating cycles where they have spent too much cash on the wrong products, or not enough on the right products and are missing sales. This can lead to loss of customers, firefighting urgent demand problems, costly expediting of product, and decreased profits.

This topic helps the persons responsible for having the right product at the right time for their customers, operate with best-in-class demand forecasting practices to optimize inventory levels. The material also explains methods for evaluating poor performing SKUs, utilizing critical soft skills in collaboration, analyzing product trends, and strategically planning inventory levels.

Learning Objectives

  • You will be able to define business risks to mitigate and opportunities to seize.
  • You will be able to discuss the impact demand forecasting has on inventory levels.
  • You will be able to identify best methods for forecasting long-tenured and brand new products.
  • You will be able to recognize your most profitable products, and what products need to be on the chopping block.

Registration

Live Webinar$199Register Now
Can't Attend?   Audio & Reference Manual$199Add to Cart