Why You Should be Using Demand Sensing to React Faster to Market Changes
Pricing changes, new product introductions and promotions have pushed demand volatility and consumer expectations to unprecedented levels. Internet-fed trends are changing at hyper-speed. To thrive in this complex, fast-paced world, you need to be ready for whatever tomorrow brings. Demand sensing reduces demand variability by extracting signals out of the noisy demand and seeing and reacting to downstream demand faster than ever before.
Download now to learn:
- Why yesterday’s forecasting methods are no match for today’s long tail demand
- How to use short-term forecasting to analyze daily demand information
- How PoS, promotion, social media, weather, internet data and others can improve your forecast and inventory
- How to right-size inventory for new product introductions
- And much more