Question: What role does 'demand forecasting' play in risk mitigation in supply chain management? It is irrelevant to risk management It assists in aligning inventory levels

What role does 'demand forecasting' play in risk mitigation in supply chain management?
It is irrelevant to risk management
It assists in aligning inventory levels with predicted market demands
It helps in overstocking products for safety
It focuses only on current sales trends
 What role does 'demand forecasting' play in risk mitigation in supply

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!