Inquiry Response: Moving Beyond Demand Forecasting For Supply Chain
We want our supply chain team to expand their efforts beyond demand forecasting. Where are the low-hanging fruits where a centralized advanced analytics team could provide value? Alternatively, is demand forecasting actually a good use of our resources?
THE BIG IDEAS:
- Demand forecasting
- Other use cases
Forecasting provides the biggest use cases across the manufacturing industry and supply chain, in general, so I wouldn’t stop demand forecasting completely. There are ways to lighten the load