Demand forecasting
In the articles of the section you will find information about the methods and algorithms for forecasting demand, about how to prepare input data for the algorithm in order to increase its accuracy. We advise you to pay attention to the article “Why you need to forecast inventory, not demand”
Sales Forecasting: Human Insight vs. Artificial Intelligence
As technology advances, the performance of artificial intelligence is often compared to that of human employees:...
Why Better Forecast Accuracy Doesn't Mean Better Profits....
Why Better Forecast Accuracy Doesn't Mean Better Profits. We discuss the 5 main challenges associated with using the...
Empty Shelves: What Causes In-Store Stockouts and How to...
To keep your store shelves full and adequately predict consumer demand, consider using a checklist from Forecast NOW!
How Digital Twin Technology Helps in Inventory Management
This article describes how digital twin technology, coupled with probabilistic forecasting, helps you manage your...
Probabilistic Forecasting
Description of a probabilistic approach to demand and inventory forecasting
Why Forecast Inventories and not Demand?
Most companies use demand forecasting methods that are 10-15 years behind: exponential smoothing, ARIMA, moving...
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