Optimization of Demand Forecasting in the Supply Chain Management of Apparel Industry
Amalsha Ranawaka,
Saadh Jawwadh
Abstract:Accurate demand forecasting is a key component of a well-built supply chain management process in the ever-changing apparel industry, where precise predictions are vital for optimizing the production, inventory, and transportation levels. Traditional methods on numerous occasions fail to comprehensively understand the nature of this field, thus resulting in inefficiencies within the Sri Lankan apparel supply chain. The research answers this problem through the identification and development of the context-spec… Show more
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