Abstract:
Supply chain is the core of any business. From procurement to delivering the product to final consumers. Furthermore, inventory is one of the most important components of supply chain. Inventory management help the manufacturers to streamline their processes and perform operational functions effectively and efficiently. This study aims to objectify the importance of demand forecasting and safety stock in a manufacturing business. Data was collected from Mobi paints head office. The study revealed the problems of demand fulfillment faced by Mobi paints. By studying the facts from Mobi paints, trend line analysis and service level analysis was used to overcome the issues faced by the organization.
