SCMG 305 APUS Week 2 Demand Driven Forecasting & Supply Driven Forecasting Discussion

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rfbzavn

Business Finance

SCMG 305

American Public University System

SCMG

Description

Discussion Forum Prompt:

In addition to reading your assigned resources for week 2, you have some research to complete for this week's forum:

  1. Research online for an authoritative (expert) resource that helps you to answer a very simple question: What are the basic differences between supply-driven and demand-driven forecasting.
  2. Start your Discussion forum by inserting a hyperlink for your resource
  3. Next, directly under the hyperlink, author a paragraph discussing what you learned about the differences between supply- and demand-driven forecasting and any points that may have been either additive to or different from the lesson reading assignments.
  4. The final task for this forum is to briefly summarize what you have learned that you wish to pass on to the rest of us in the course that identifies the primary difference between supply-driven and demand-driven forecasting.

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Explanation & Answer

Attached.

1

Demand-driven Forecasting and Supply-driven Forecasting
Student's Name
Institution
Date

2
Demand-driven Forecasting and Supply-driven Forecasting
Source: Supply Chain Forecasting–Collaborative Forecasting Supports Supply Chain
Management
Forecasting is a critical element in supply chain management. It enables an enterprise to
determine the right amount of stock for opportune moments: neither too little that customers seek
products elsewhere nor too...


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