What is Demand Planning?

What is Demand Planning? Demand planning is a standalone function of supply chain planning, which deals with forecasting and estimating…

What is Perpetual Inventory System?

 What is the Perpetual Inventory System? When reading about what is perpetual inventory system, one can see that it utilises…

Fill Rate in Supply Chain

What is Fill Rate? Fill rate refers to the percentage of customer orders fulfilled on time without stockouts, helping businesses…