In today competitive environment,effective supply chain management requires accurate demand forecasts.

Question

Quizplus · Accepted Answer

Accurate demand forecasts help organizations make informed decisions regarding production, inventory levels, and logistics. This allows them to optimize their supply chain and remain competitive in the market. Without accurate forecasts, organizations may face stockouts, excess inventory, and overall inefficiencies that can harm their bottom line.

In Today Competitive Environment,effective Supply Chain Management Requires Accurate Demand