Supply Chain Forecasting

Supply chain forecasting is the process of predicting future demand for products and services. Businesses analyze historical sales data, market trends, and other factors to estimate how much of a product customers will want. This helps companies plan their inventory, production, and distribution efficiently, ensuring they meet customer needs without overproducing or running out of stock. Accurate forecasting reduces costs, improves customer satisfaction, and enables better decision-making across the supply chain, from suppliers to retailers.