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What is demand forecasting?

Demand forecasting uses AI to predict how much of a product customers will buy, using sales history, seasonality and trends.

In short

Demand forecasting uses AI to predict how much of a product customers will buy, using sales history, seasonality and trends. Used in retail, manufacturing and logistics. A wholesaler that forecasts demand per week can order the right stock in advance, avoiding both empty shelves during a rush and money tied up in goods that don't sell.

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