One of the most important-and complex-supply chain planning functions is demand planning,which determines how much product a business needs to make to satisfy all of its customers' demands.

Question

Quizplus · Accepted Answer

Demand planning is a crucial aspect of supply chain planning that involves forecasting future customer demand and determining the appropriate inventory levels and production capacity to meet that demand. It is a complex process that involves analyzing market trends, historical sales data, and other factors to arrive at accurate demand forecasts. The goal of demand planning is to ensure that a business can meet customer demand while minimizing excess inventory and reducing the risk of stockouts or shortages.

One of the Most Important-And Complex-Supply Chain Planning Functions Is