How can new products be forecast? Explain how forecasting relates to having an efficient supply chain.

Discussion question

The process of forecasting new products is difficult. Why? How can new products be forecast? Explain how forecasting relates to having an efficient supply chain.

Parameters: Include certain requirements for the satisfactory completion of the discussion. It must include directions for word length, citations, and both an initial response and peer responses (where appropriate).

Initial Response – 300 to 350 words

Minimum 1 reference should be cited in initial response

 

How can new products be forecast? Explain how forecasting relates to having an efficient supply chain.
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