Supply Chain Forecasting

Overview

Foecasts

• Demand - forecasting demand is critical to forecasting the performance of the supply chain in meeting that demand. Demand forecasting is typically considered as a function of the marketing department and is treated at forecasting demand.
• Inputs - disruptions in the delivery of inputs to a supply chain can disrupt the entire process.
• Performance - the performance of a supply typically does not need forecasting, as it can be measured. However, understanding how the process would perform under various circumstances and the risks involved can be teased out using process simulations