How to Optimize Demand Forecasting: Probabilistic Solutions
ToolsGroup
FEBRUARY 12, 2025
If you were still using a computer or a telephone from the 1960s today, youd get some strange looks, to say the least. But many supply chain practitioners dont realize that the most common approach to supply chain planningusing a demand-driven forecast as the primary input to future planningis just as outdated. Demand Forecasting Challenges As businesses grapple with shifting consumer behaviors, market disruptions, and global uncertainties, the traditional demand forecasting methods are proving
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