Combining Forecasting and Order Fulfillment Strategies for Supply Chain Efficiency
International Journal of Emerging Trends in Science and Technology,
2019,
20 May 2019
,
Page 6822-6839
https://doi.org/10.18535/ijetst/v6i5.02
Supply chain efficiency is a critical factor in maintaining competitive advantage in today’s dynamic business landscape. This research explores the integration of forecasting and order fulfillment strategies to enhance supply chain performance, reduce operational costs, and improve customer satisfaction. By analyzing traditional and modern forecasting methods alongside order fulfillment processes, this study highlights the gaps in current approaches and proposes an integrated framework to address these challenges. Leveraging data from industry case studies and interviews with supply chain experts, the findings demonstrate significant improvements in inventory management, lead times, and service levels when combining predictive analytics with adaptive fulfillment strategies. The research provides actionable recommendations and best practices for organizations to implement these strategies effectively, ensuring scalability and resilience in their supply chain operations.