Demand Forecasting Using AI

Purpose

Forecast product demand and sales trends

Pain Areas

Logistics faces major problems while dealing with unplanned material movement

Inventory problems arise due to over stock & under stocks

Production lines are not maintained for a set volume of production

Workforce management becomes major challenge during sudden tracktion in the demand

Data Points

Market trends data

Historical sales data

Seasonality effects data

Global impact on the vertical

Technology

Market trends data

Historical sales data

Seasonality effects data

Global impact on the vertical

Business Outcomes

Efficient supply chain management

Optimum inventory management

Improved readiness of the production units

Improvised market positioning

Improved logistics management

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