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Inventory Management And Forecasting

  • Tan Miller
Chapter
  • 364 Downloads

Abstract

Inventory management and forecasting are planning activities that go hand-in­hand. Both play critical roles in the management of a firm’s supply chain and in hierarchical production and distribution planning systems. Further, the accuracy of a firm’s forecasting process directly impacts the level of inventory that a firm must maintain to meet customer service order and line fill rate objectives. In this chapter, we examine selected “hierarchical” dimensions of the processes of inventory management and forecasting.

Keywords

Planning Horizon Supply Chain Management Inventory Level Inventory Management Product Family 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag London 2002

Authors and Affiliations

  • Tan Miller
    • 1
  1. 1.Warner-Lambert CompanyMorris PlainsUSA

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