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How do you forecast the inventory stock level?

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Question added by Mohammed Azhar , Demand Planner , Taw9eel General Trading Co. WLL
Date Posted: 2016/03/06
Ken Vidler
by Ken Vidler , MD , RTIM ME

You need 3 input streams

  1. History 3 months blocks so 4 blocks over the last 12 is perfect
  2. Sales/Operations the users of inventory - any thing coming up to influence demand ?
  3. Purchasing are there are big advantages to be had in block purchasing?

These are the 3 there are others like life cycle of product by it all gets a bit complicated - these are a good starting point.

Ibrahim Hamdallah
by Ibrahim Hamdallah ,  Senior Accountant , Digits General Trading Co.( Kamal Mustafa Al-Sultan Complex )

we can make an analysis for our good's stock between what ever we received and sold last specific period of time .

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