5 Current Advancements Affecting Supply Chain Management
Demand forecasting software will help your company in many ways. There are many amazing technologies all around us including big data, cloud computing, artificial intelligence, robotic process automation, and the internet of things. In a world where most things change constantly, business owners everywhere search for effective methods to handle these changes. Demand forecasting in the supply chain is an option many turn to. It can be hard to understand not only what consumer demand is going to be, but also how your company can meet that demand. Demand planning and forecasting give you the information you need to make plans to meet upcoming demand trends. What is Demand Forecasting Software? Demand forecasting software uses the latest technologies to produce forecasts of what your future market demand will look like. These forecasts can be tailored to the needs of your company. For example, the length of time that’s forecast can be adjusted to show more short- or long-term predictions