Ll Bean Item Forecasting And Inventory Management. One understands how tough it is.” mark fasold, vice president—inventory management, was describing the challenge of item forecasting at l.l. A firm (like ll bean inc item forecasting and inventory management) must organize its management systems, processes, policies and strategies to fully utilize the resource’s potential.
Forecasting demand at the aggregate level is a piece of cake—if. First, they used forecasting to predict for that specific item for upcoming season, which is named. Item forecasting and inventory management.