Demand Forecast

What is Demand Forecast?

Forecast App with Artificial Intelligence (AI) is an innovative web application designed to assist companies in making accurate demand forecasts for their products and services.By utilizing powerful classical machine learning algorithms, the tool analyzes historical sales data, considers factors like variability and seasonality, and predicts future demand with great precision.

Users can easily upload data sets from Excel and choose from a selection of estimated models like ETS, ARIMA, Prophet, Random Forest, and SVM.The tool's intelligent algorithm automatically selects the best model for each product, providing clear visualizations and interactive graphs to showcase demand predictions over time.

This aids companies in making well-informed decisions regarding production, inventory, and supply chain management, ultimately enhancing efficiency and cutting down on operating costs.With features like historical data analysis, outlier detection and imputation, model competition algorithms, and KPI forecast systems, this tool is ideal for small to mid-sized companies initiating digital transformation processes and seeking optimized resource utilization for improved business performance in today's competitive market landscape.