DDA (Demand Driven Acquisition)

Demand Driven Acquisition (DDA) is a strategic approach to managing inventory and purchasing, focusing on actual customer demand rather than forecasts. Instead of stockpiling items based on predicted sales, DDA monitors real-time sales and consumption patterns to replenish stock only when there’s proven demand. This reduces excess inventory, minimizes waste, and ensures that products are available when customers need them. By aligning supply closely with actual demand, DDA improves efficiency, reduces costs, and enhances customer satisfaction, making inventory management more responsive, data-driven, and efficient.