The landscape of demand forecasting, data science and machine learning is rapidly evolving, as companies seek innovative approaches to handle the intricate intersection between technology and consumer ...

Accurate demand forecasting is the linchpin of effective inventory, cost management and readiness. Knowing how much inventory to hold is critical: too much stock (whether it’s consumer products ...

Ikigai’s Demand Forecasting and Planning solution offers a breakthrough alternative, enabling businesses to: Predict demand with confidence, even for new products or scenarios with no historical ...

By leveraging insights and intelligence gathered from demand forecasting measures, organizations can enhance their loss prevention efforts across the supply chain and reduce unnecessary waste.

Supply chain leaders are increasingly turning to artificial intelligence to revolutionize their demand-forecasting and inventory-management strategies. This shift comes as traditional forecasting ...

Unlike conventional methods that rely solely on past sales, AI-powered demand forecasting can help companies by using machine learning algorithms to detect viral trends and shifts in sentiment.

Compared to demand forecasting, “inventory is more of a math problem that’s tough to get right,” said Deshmukh. “The equation is simple: there’s this much variability in demand, this is how much ...

Water demand forecasting is an indispensable element in the sustainable management of water resources, as growing populations and climatic uncertainties intensify the pressure on water supplies ...

Editor’s note: The following article is a joint project of professors in the University of Tennessee Knoxville’s Global Supply Chain Institute. For more on the Institute, click here. Demand planners ...

Modeling method provides smarter way to predict customer demand Date: April 14, 2025 Source: Washington State University Summary: Researchers have developed a new forecasting model that helps ...