Matt Dancho shows off an R package:
Supply chain management is all about balancing supply and demand to ensure that inventory levels are optimized. Overestimating demand leads to excess stock, while underestimating it causes shortages. Accurate inventory projections allow businesses to plan ahead, make data-driven decisions, and avoid costly errors like over-buying inventory or getting into a stock-outage and having no inventory to meet demand.
Read on to learn more about the package and how it works. H/T R-Bloggers.