Webinar: Managing Intermittent Demand
Are you frustrated by items in your spare parts inventory that experience intermittent demand?
If you answered yes to that question then you are not alone.
These items and their sporadic demand patterns are one of the great frustrations of spare parts management.
Not only that, parts that exhibit intermittent demand also require a disproportionate amount of attention. Regularly used and planned parts are easy to manage but intermittent demand parts create headaches.
They cause delayed maintenance, high expediting costs, and soak up a huge amount of time.
The best way to navigate this minefield is to understand different forecasting techniques and why some work with intermittent demand and some don’t.
To help with that, the team at Smart Software is holding a webinar on this topic on on Tuesday September 24th @ 11AM EDT (GMT – 5)
In this webinar they will also show you how new probabilistic forecasting techniques can help remove the headaches (and cost) of intermittent demand spare parts.