SMU Data and Models
June 24, 2015
Service Center Inventories Slow to Drop in SMU Apparent Excess Model
Written by John Packard
Before the ink had dried on last month’s service center flat rolled inventory “Apparent Excess/Deficit” report and forecast we knew our forecast was being a bit too optimistic. This was pointed out to us in an email from a large service center who has been following our Apparent Excess since the beginning.
“I read with interest the report on the apparent excess. I understand the logic in using the past 3 year’s average for shipments.
