How can we improve the accuracy of demand forecasting?
Explaining the three benefits of improving accuracy, the necessary data, and the reasons why accuracy may not increase!
Demand forecasting is a crucial means to ensure appropriate product supply, reduce inventory costs, and improve customer satisfaction. However, achieving high-accuracy demand forecasting requires the analysis of vast amounts of data. By effectively utilizing data, it is possible to enhance the accuracy of forecasts and make business decisions swiftly. This article will provide a detailed explanation of the types and roles of data necessary for high-accuracy demand forecasting, as well as the advantages of forecasting methods using AI. It will also touch on the specific benefits brought about by improving the accuracy of demand forecasting and how to utilize AI tools, providing practical knowledge. *For more detailed content of the blog, please refer to the related links. For more information, you can download the PDF or feel free to contact us.*
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