Distribution Network Design
Definition of Distribution Network Design as it relates to Business, Supply Chain Management, Supply Chain Optimization
Demand Planning is the process within Supply Chain Management that forecasts future product demand, ensuring optimal inventory levels and business performance. It involves utilizing historical sales data, market research, and statistical models to predict customer needs, enabling effective resource allocation and supply chain optimization. Demand Planning supports informed decision-making for manufacturing, procurement, distribution, and logistics operations, ultimately driving revenue growth and improving customer satisfaction.