Posted May 19, 2025
The Role of Accurate Data in Effective Demand Forecasting
Imagine driving blindfolded and hoping to reach your destination. That's what demand forecasting looks like without accurate data. Businesses rely on demand forecasting to optimize inventory, allocate resources, and drive sales. But if the data fueling these forecasts is inaccurate, the results can lead to overstocked warehouses or, worse, lost sales due to shortages. Accurate... Read more »
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