Actual Demand

Tags: Glossary

The known demand for a specific product based on customer orders and production orders which are open. Once an order is shipped or production is completed, specific demand quantity will become usage. Actual demand should be netted against any forecast for the same period, meaning that as orders are received the are considered to be part of an earlier forecast and forecasts should be considered as satisfied.

Ready to Get Started?

Cargoz provides solution for all your storage needs

Share this Article