12 September 2018

Predictive analytics - The future of product demand forecasting

Demand-Planning-Infographic-2

Demand-Planning-Infographic-2

Producing just the right amount of product to meet demand has many advantages. With perishable produce an unexpected dip in demand results in waste and loss. A spike leaves orders unfulfilled and consumers buying elsewhere. Predictive analytics combined with machine learning provides a more accurate forecast than is humanly possible. This minimizes cost and waste, and maximizes margins.

 
 

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Renaldo Torcque,
Renaldo Torcque,
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