What is demand forecasting in inventory management? Explanation of benefits, formulas, and the use of AI.
You will learn how to improve order accuracy with demand forecasting and reduce unnecessary inventory costs.
Demand forecasting in inventory management is a crucial initiative that significantly affects a company's profitability and customer satisfaction. If demand cannot be accurately assessed, risks such as increased costs due to excess inventory and lost sales opportunities due to stockouts can arise. Conversely, effective demand forecasting can lead to inventory optimization, improved operational efficiency, and even increased sales. This article will clearly explain the basics of demand forecasting in inventory management, representative formulas and methods, as well as the latest initiatives utilizing AI. *For more detailed information, you can view the related links. For further details, please download the PDF or feel free to contact us.*
Inquire About This Product
basic information
*You can view the detailed content of the blog through the related links. For more information, please download the PDF or feel free to contact us.*
Price range
Delivery Time
Applications/Examples of results
*You can view the detailed content of the blog through the related links. For more information, please download the PDF or feel free to contact us.*
catalog（1）
Download All Catalogs
Company information
Our company actively engages in technological innovation and creates efficient communication infrastructure based on predictive models utilizing machine learning, thereby generating new value in communication.
