Demand Planning KPIs for Improved Forecasting

Thousense Lite16 Jan, 2025Business

Demand planning KPIs are essential for accurate forecasting and efficient inventory management. Key metrics include forecast accuracy, inventory turnover, and on-time delivery rates. These indicators help businesses anticipate customer demand, optimize stock levels, and avoid overproduction or shortages. By tracking and analyzing these KPIs, companies can enhance their supply chain efficiency and ensure customer satisfaction. Leveraging data-driven insights is the key to success in demand planning.