ince i previously worked for Ryobi Tools I will use that company as an example. Plan: At this stage, Ryobi Tools assesses the demand for various tools and equipment in its lineup, considering factors such as market trends, seasonal demands, and emerging construction or DIY practices. Strategic decisions on new product introductions or phasing out older models also happen here. Data analytics play a pivotal role in ensuring inventory optimization and setting production targets. Source: Sourcing is fundamental to maintaining the quality and reliability of Ryobi tools. Ryobi would engage with suppliers to procure raw materials like metals, plastics, and electronic components. Emphasis would be on ensuring the materials are of top quality and sourced sustainably, aligning with modern corporate responsibility practices