Demand
forecasting

30% of manufacturers in the Asia/Pacific region are affected by demand volatility. As supply costs rise, this challenge emerges as a critical factor in supply chain planning, emphasising the need for effective management of demand volatility.

Source: IDC Manufacturing Industry Intelligence Survey, 2023 (n= 460 Asia/Pacific)

Business challenges:

  • Addressing demand volatility
  • Excess or insufficient inventory

AI-driven demand forecasting can help:

Empower manufacturers to optimise inventory levels, reduce costs, and enhance customer satisfaction.

Reduce waste and overstocking by analysing data on inventory levels and demand at scale.

Highlight irregularity factors in market to improve forecast accuracy over time through analysis of demand patterns.

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