Some unusual trends in consumer buying patterns have emerged in the wake of the pandemic, making it difficult to forecast potential demand. However, Covid is only part of the ongoing supply chain chaos. There are political issues, tariffs, and natural disasters to consider as well. How well your demand planning and replenishment system can dynamically adjust to the unexpected during uncertain times is paramount. In this session we’ll highlight some of the issues and provide some guidelines to help you optimize your inventory now, and be prepared for future crises down the road.
3 Key Takeaways:
– How to deal with historical usage captured during the pandemic
– Tips and techniques for making forecast adjustments
– The value of closely monitoring vendor delivery performance to ensure delivery is being managed and in control