SCM 4370 Forecasting and Inventory Management
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As per the course SCM 4370 Forecasting and Inventory Management, Inventory forecasting is implemented to predict inventory levels for a future period. It is also used to keep a record of sales and demand to manage their purchase orders better.
Inventory forecasting as per the course SCM 4370 Forecasting and Inventory Management also help automate reordering, predict labour needs, and account for changes in order volume; this makes it easy to know what's coming and reduce inventory carrying costs. It also saves time and energy for men for warehouse management and all staff.
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