Demand forecasting. Demand and sales series. Quantitative forecasting models. Inventory management.
The management of inventories is and has been one of the main axes of operation of any company, due to its great economic impact and its contribution in the productive processes. It involves both providing the company with its necessary materials for its continuous and regular development in the face of its demands, such as to represent an asset or cash in the form of material; Therefore, its administration must be carried out under an adequate control that allows to minimise the costs associated to its storage, providing also high turnover rates.