Your demand forecast is vital to your company. Unfortunately, both large and small companies encounter the same product demand forecasting problems: a simple demand forecasting estimate will underestimate the high season and overestimate the low season. Order changes will take too long.
You should take advantage of our demand forecasting service during the project development phase. Demand forecasting in the supply chain is part of our Analytics Package. The full package allows you to consider costing, a streamlined production and expected retail demand forecasting at the same time.
Demand forecasting allows you to estimate future purchases. Despite this need, many small firms often believe there is no necessity for them to do product demand forecasting. Our quantitative demand forecasting tools are made for you to find out exactly how much you will need to buy.
While product demand forecasting only being an estimate, it should be used to guide the supply chain and business management departments in your company. Demand analysis and forecasting is a tool that offers accurate guidelines for any production line. Given that, we always provide a range of different scenarios in the event that you have unforeseen changes in purchases.