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Tag search results for: "demand planning"
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Demand forecasting has historically been a crucial component of business planning, particularly for businesses that do manufacturing, management of supply chains, and retail. Demand forecasting has improved in accuracy and efficiency with the development of machine learning and artificial intelligence. We will talk about the use of AI and ML in demand forecastingin this article. A few advantages of AI/ML-based demand forecastinginclude improved forecast accuracy, faster decision-making, and more accurate estimates across ... more