Demand Supply Matching

Definition of Demand Supply Matching

The process of aligning the supply of products or services with customer demand.

Explanation of Demand Supply Matching

Demand supply matching refers to the process of aligning the production and availability of goods or services with customer demand. This involves using data and analytics to forecast demand, plan inventory, and optimize supply chain operations. Effective demand supply matching helps businesses minimize stockouts, reduce excess inventory, and improve customer satisfaction. By ensuring that the right products are available at the right time, companies can enhance operational efficiency and profitability. This process requires collaboration across various functions, such as sales, marketing, production, and logistics, to achieve a balanced and responsive supply chain.

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