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

SYSPRO Smarter ERP

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Charged with this critical task, the purchasing department can leverage its Material Requirements Plan (MRP) to stay abreast of what’s needed, how much and when.

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

EazyStock

An example of a BOM-dependent forecast would be for the components that make up a fountain pen. An example here could be when stationery items are sold in a writing set, but also sold on their own. The post Bill of Materials Inventory management: How to improve BOM forecasting and planning appeared first on EazyStock.