Demand forecasts are created using a combination of data points, including historical sales data, statistical models, market research, and other information depending on the business.
With a comprehensive demand forecast, businesses have access to valuable insights about future potential in their current market and other markets, enabling teams to make informed decisions about pricing, inventory, budgeting, business growth strategies, market potential, and more.
In our latest eBook, we’ll compare the different types of demand forecasting, look at some case studies of forecasting done right (and wrong!), and walk you through how forecasting demand with the right tools can help you grow your business.
What is demand forecasting and how can it help your business?
Learn how demand forecasting can have a significant positive impact on the operations, reputation, and sales of any business. Read more
Demand forecasting: The secret sauce to a more effective supply chain
From reducing costs to keeping consumers happy, demand forecasting is an essential element of supply chain management, helping companies work smarter and increase profitability. Read more
Smarter demand forecasting using smoothed moving average
Smoothed moving average is a demand forecasting model that helps combat the effects of market forces to reveal prevailing trends over a period of time. Read more
The definitive guide to demand planning
Demand planning is key to the longevity of any business. We look at some of the major aspects of the demand planning process and how they impact the entire supply chain. Read more
The SMB guide to effective demand forecasting
Download our latest guide to learn about the different types of demand forecasting and how the right tool can help you grow your business.