“GOODBYE, THE TRADITIONAL MARKETING! HELLO, NEUROMARKETING!” ― Hedda Martina Sola M. Econ
Demand forecasting is a field of predictive analytics which tries to understand & predict customer demand to optimize supply decisions by corporate business management.
The determination of the level of production, manpower requirements, equipment and inventory levels.
The combination of advanced forecasting and classification techniques makes it possible to accurately calculate the demand forecasts for each of the products; the forecast can be adapted to the particular characteristics of each item on sale.
The use of advanced analytics for demand forecasting improves the quality of forecasts and reduces safety stock and storage costs.
Production and distribution planning solutions, it is possible to achieve high levels of operational efficiency, letting you align planning with future demand and quickly respond to inevitable changes.
iSmile Technologies is a global technology services company.