Demand Forecasting
demand
forecast
inventory
Industry
Manufacturing
For Whom
Demand Planners, Supply Chain Managers, Procurement Leaders
Why You Need This
Stockouts and overstocks destroy margins. Demand forecasting enables smart buying and efficient production planning.
How It Works
We build time series and regression models to predict future demand by product and period.
Data Type
Time Series
What You Need
Historical sales/orders, seasonality data, product master.
What You Get
- Forecasts for each product and time horizon
- Segment definitions: Fast movers, Slow movers, Seasonal items
- Stock and reorder recommendations
How To Use It
Use forecasts to drive MRP, procurement, and production plans. Update monthly or weekly as new data arrives.
Technique
Regression
Business Impact
Reduce lost sales, cut inventory costs, and boost service levels (track forecast error, fill rate, and carrying costs).
How We Deliver This
Excel extracts, ERP/MRP integration, and dashboard visualizations.
Can Be Extended To
Promo-driven forecasting, vendor-managed inventory, new product introduction planning.