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Mohammad Seraj's image  
Answer added by  Mohammad Seraj, Supervisor,Procurement & Inventory, Canadian Medical Center KWT
1 year ago

In general, qualitative forecasting is based on subjective opinions and insights, whereas quantitative forecasting is more focused on using historical demand data in stat ... See More

Syed shanavaz J Syed's image  
Answer added by  Syed shanavaz J Syed, Senior Officer, Isuzu Motors India
8 years ago

Forecasting Inventory basically a skill to avoid loses due to any kind of RM.The more the Inventory the more risk involved.Chances of ECN changes and market situation var ... See More

ACHMAD SURJANI's image  
Answer added by  ACHMAD SURJANI, General Manager Operations, Sinar Jaya Group Ltd
8 years ago

Forecasting inventory in the factory are very important raw material for the production of all production processes in the plant , as well as to the function of financing ... See More