As a part of the renewable energy cycle, forest biomass resources are considered to be important renewable materials and energy sources in many countries. It is evident from international and local research into forest biomass utilization that several challenges must be addressed to ensure logging waste can be transformed into material of commercial value. Several logistical and supply chain challenges have already been identified, including uncertainty about the nature, amount, and quality of forest residues. In this context, this paper presents a summary review of estimation methods and techniques for managing forest and woody residue along the timber supply chain. The review examines both the opportunities and the challenges evident in the international forest residue estimation methods within each supply chain for primary and secondary forest resources. The review also discusses techniques for supply chain and management planning and highlights the limitations of existing information and communication technology (ICT) implemented for forest biomass research.