Forecasting has a big impact on your bottom line. If forecasts are too high, costs skyrocket and working capital is wasted on inventory that just sits on the shelves. Too low and you have unhappy customers and high churn.
Rudimentary approaches to demand forecasting are still commonly used today, despite the fact that they are consistently inaccurate due to their reliance on historical data.
Enter AI-driven demand forecasting, which is capable of modeling the full environment in which your business operates. The results: