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the concepts techniques and processes associated with demand management are critical to the success of any business specifically demand management is the function of recognizing all demands for goods and services to support the marketplace it consists of four major components forecasting customer order processing making customer commitments and interfacing between the marketplace and manufacturing systems this course places emphasis on the forecasting component it also covers one approach for managing demand in distribution called distribution requirements planning DRP all businesses regardless of size or industry must continually attempt to understand the magnitude of their customers future demands for products and services this information is utilized in operational planning processes to position supply chain resources such as inventory and capacity to satisfy customer demands in a timely and cost-effective manner done well demand management can docHubly improve the competitive