Demand prediction is a process that takes historical sales data and uses it to make estimations (or predictions) about customer demand in the future. For enterprises, demand forecasting allows for estimating how many goods or services will sell and how much inventory needs to be ordered.
Demand prediction lays the foundation for many other critical business assumptions such as turnover, profit margins, cash flow, capital expenditure, and capacity planning. Demand forecasting is often associated with managerial economics and supply chain management, but it applies to every company in every industry.
Contact us to know how your business could benefit from demand prediction
We provide totally customized demand prediction service for all types of business including physical stores, ecommerce and point of sale. Smart demand prediction is created with the help of machine learning and artificial intelligence.
This system gets better every day with its self-learning abilities. We create, update, maintain, monitor, and modify algorithms for each business separately, and strive to provide accurate demand prediction at affordable price every day.
We can calculate demand for seasonality, holidays, back-to-school, and special events. Demand prediction is also created for different discounts, promotions, marketing campaign, or new item launch.
We strive hard to provide the best possible demand predictions. You can count on us for better inventory management.
If you are interested in trying it out, we offer the first month free of cost with zero risk.
Reduce the stress of inventory management with the help of 'My Future Sales'