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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

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.