Demand Forecasting Overview
Demand Forecasting, One of the components of glosys DigiFactory Platform, provides AI & Cloud Software Suite and SaaS enabled Platform for Demand Forecasting to focus on predicting future customer demand, optimizing inventory levels, supporting production and capacity planning and improving customer satisfaction and profitability in the digital world
Features We offer
Historical Data Analysis
Understand past demand behavior eg., Sales data, ERP, databases
Trend & Seasonality Identification
Identify future demand patterns eg., Time-series analysis
Statistical & AI/ML Forecasting
Generate demand predictions eg., Moving average, regression, ML, LSTM
Production & Inventory Integration
Convert demand into manufacturing requirements eg., MRP, ERP, APS, inventory planning
Continuous Monitoring & Accuracy Improvement
Reduce forecast errors eg., MAE, RMSE, MAPE, bias, model retraining
Meet Your Manufacturing Objectives & Needs