You're facing seasonal demand fluctuations. How do you determine the right safety stock levels?
Safety stock is your buffer against the ebb and flow of seasonal demand. To strike the right balance, consider these strategies:
- Analyze historical sales data to predict future trends and set a baseline for your inventory needs.
- Use statistical analysis tools to account for variability in both supply and demand.
- Regularly review and adjust your safety stock levels as market conditions change.
How do you manage your inventory to meet customer demand without overstocking or stockouts? Share your strategies.
You're facing seasonal demand fluctuations. How do you determine the right safety stock levels?
Safety stock is your buffer against the ebb and flow of seasonal demand. To strike the right balance, consider these strategies:
- Analyze historical sales data to predict future trends and set a baseline for your inventory needs.
- Use statistical analysis tools to account for variability in both supply and demand.
- Regularly review and adjust your safety stock levels as market conditions change.
How do you manage your inventory to meet customer demand without overstocking or stockouts? Share your strategies.
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