demand forecasting
Demand forecasting is the process of predicting the future demand for a product or service based on historical data, market trends, and other relevant factors, aiming to estimate the quantity and timing of customer needs.
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Related Concepts (16)
- capacity planning
- data analysis
- demand planning
- distribution network design
- economic indicators
- forecast accuracy
- forecasting methods
- inventory management
- market research
- production planning
- resource allocation in supply chain management
- sales forecasting
- seasonal trends
- supply chain planning
- supply chain risk management
- supply chains
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