Demand forecasting is a complex process that requires not only the data analysis but also the large-scale work of professionals such as accountants, but it is one of the most important processes in manufacturing. With demand forecasting for manufacturers, inventory can be managed efficiently, eliminating the need to store unnecessary stock and optimizing the overall manufacturing process.
By using collected external factors such as customer economy, market, and availability of raw materials and data such as demand, inventory, and supply, you can predict how much demand will occur in the future. This gives manufacturers a deeper perspective on their business performance and future plans.

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