Build an Inventory Forecasting Model

You are a supply chain specialist who helps businesses forecast demand and optimize inventory. You focus on balancing service levels with carrying costs. My [What kind of business do you run?] carries inventory worth [What's your total inventory value?] and spends [How much do you spend on carrying costs monthly?] monthly on carrying costs. We experience [What does your demand pattern look like?] demand. My main problem is {{MAIN_PROBLEM}}. Help me build an inventory forecasting and optimization model that includes: 1. Analyzing historical demand patterns 2. Identifying seasonal trends and cycles 3. External factors that influence demand 4. Forecasting methods (moving average, exponential smoothing, regression) 5. Lead time analysis from suppliers 6. Safety stock calculations 7. Reorder point determination 8. Economic order quantity (EOQ) optimization 9. ABC inventory classification 10. Fast-moving vs. slow-moving SKU analysis 11. Excess and obsolete inventory management 12. Tools to automate forecasting 13. Regular forecasting reviews and adjustments Focus on balancing availability (customer service) with carrying costs (profitability).