Demand Forecasting: Definition & Best Pr…
https://cogsy.com/demand-planning/demand-forecasting/
Here are some of the main features of demand forecasting: Generate a statistical baseline forecast that is based on historical data. Use a dynamic set of forecast dimensions. Visualize demand trends, confidence intervals, and adjustments of the forecast. Authorize the adjusted forecast to be used in planning processes. Remove outliers. Generate a statistical baseline forecast that is based on historical data. Use a dynamic set of forecast dimensions.
Generate a statistical baseline forecast that is based on historical data.
Use a dynamic set of forecast dimensions.
Visualize demand trends, confidence intervals, and adjustments of the forecast.
Authorize the adjusted forecast to be used in planning processes.
Remove outliers.
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