Demand Forecasting

Make precise demand forecasts both at the macro level and all the way down to individual geography, markets, and customer segments.

Know what volumes to expect to improve planning

Successful business planning depends on knowing how much demand will exist for products and services. From product design to production to logistics to sales, the more insight into expected demand, the better prepared your organization will be. In contrast, inadequate forecasts lead to the risk of over or underproduction, operational inefficiencies, or simply selling the wrong thing.

Build the right products

Set up your product portfolio to achieve maximum revenues. Pursue the market opportunities with the greatest demand potential.

Optimize production, inventory & supply chain

Make sure you’ve got the right amount of product, at the right time, and in the right place. Plan production volume, inventory levels and optimize your supply chain for delivery.

Find valuable prospects

Use profiles of your most valuable long-term customers to identify and acquire prospects with similar characteristics. Target acquisition marketing to best effect.

Increase revenue and margins

Stop wasting service and retention efforts on customers that don’t merit it. Focus on the most profitable customers to grow your business and accelerate success.

Overcoming the computational demands of time series analysis

Ryan Frederick of Dominos explains how his data science team improved their supply chain by providing highly accurate and scalable demand forecasts through extensible time series forecasting and scaled R-based models using RapidMiner. Watch the full presentation.

Find out how ML can transform your business

We apply our expertise to help you identify the use cases you should tackle in your organization. The outcome is an impact-feasibility map that you can use with or without us.

Related Resources. Take a Look!

Get started with your demand planning & forecasting project today!