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How to create a reliable supply chain with effective forecasting and inventory management

SYSPRO Smarter ERP

An enterprise resource planning (ERP) system can automate and provide a systematic approach to creating a forecast from historical data. It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Stay Agile, Get Ahead.

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Bill of Materials Inventory management: How to improve BOM forecasting and planning

EazyStock

Finally, if you add the complications of seasonality and demand trends to the mix, suddenly a simple forecasting project becomes a complex nightmare. By connecting EazyStock to your ERP or MRP, it can calculate the demand forecasts for every item in a BOM, exploding them down from the finished item to the smallest nut and bolt.