Global Supply Chain Management

1. Series of activities carried out by various parties either directly or indirectly to fulfill the "customer demand" as a need. Even in determining the supply chain process, it is necessary to use a certain approach, for example from the cycle view and push / pull view.

How is demand forecasting related to supply chain? Why is demand forecasting an important part to study in the supply chain? Describe your explanation

2. The drug industry is required to always be ready with the availability of drugs. Not only focusing on providing supplies to patients in hospitals, but also supplying additional supplies of vitamins at shop outlets or pharmacies and it is hoped that the public can easily get them. Uncertain climate change has an impact on the increase in the number of patients hospitalized. This has an effect on increasing demand for medicines and vitamins. One of the forecasting components that must be mastered by a supply chain manager is "lead time for product addition". Based on this case, how do you analyze if there is a supply source with a short lead time? and what if it happens the other way around (with a long lead time) ? Describe !

3. Knowledge of demand forecasting is very important to master because it aims to support supply chain performance.

If you are a supply chain manager, how do you determine the demand forecasting method for the company in the midst of today's uncertainties! Given that the potential demand forecast may not be appropriate due to the uncertainty factor, what is your opinion regarding how to overcome it at least to reduce potential losses for the company?

Thank you