This article outlines the information you need as an Operations Manager to set up your Inventory Management systems and processes. Want to streamline your processes? See the templates we’ve created to make your job easier.
In this article, we’ll look at the practical steps you can take as an Operations Manager to implement systems and processes around Demand Forecasting.
Ready to get started? Follow these steps:
By meticulously following these steps, an Operations Manager can set up a robust demand forecasting process that aligns with the company’s goals and ensures optimal inventory management. This not only reduces costs associated with excess inventory or stockouts but also enhances customer satisfaction by ensuring product availability.