CA
Finance and Administration
Year 2025 | November 18, 2025
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Demand Forecasting Accuracy and its Impact on Inventory Management

Nwanekezi S. C, Ugwu, M. O. Institutions: Federal University of Technology

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Abstract

Inventory control is a crucial part of an organization's tasks as it includes cautiously following and checking portable resources and inventory, which is a key and important component. It empowers organisations to upgrade creation volumes and timing, guaranteeing simple accessibility of things to clients for a minimal price. The central concern in the retail clinical inventory market was the association's inability to focus on demand determining strategies, which upset its ability to accomplish benefit and seriousness. This study examines various demand forecasting techniques, analysing their advantages and limitations and how they influence their acceptance or non-adoption in inventory management.

Keywords

Management Sciences Finance and Administration 00000

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