All case studies
Demand forecasting model
Data Systems
Distribution
Sample
A forecasting model that gives planners a weekly view of expected demand for each product line.
The challenge
Planners set stock levels from last year's figures and instinct, which left some lines overstocked and others short.
What we did
- Assessed the quality and history of the sales and stock data
- Developed and validated forecasting models against past outcomes
- Delivered the model with documentation and a handover to the planning team
The outcome
Planning meetings now start from a shared forecast, and the team can retrain the model themselves.