Many businesses are adjusting demand forecasting due to the effects of the pandemic. Some products have increased in demand while others less so. It is important for companies that manage lots of products to evaluate how the impact of the disruptions, as well as the anticipated gradual recovery from its effects, should be applied to its measurement of inventory. By measuring stock on hand, over stock, under stock and dead stock regularly will help you be more in control of your inventory and supply products customers want.
Read moreTopics: Job Role - Inventory/Operations, business intelligence software, Inventory Management
