Demand Planning - Time Series models

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Time Series models are simple yet powerful techniques available to develop supply chain forecasts. No where the cliché “History repeats itself” is more true than in sales forecasting.

In Time-series modeling, we just postulate that all we need is past values of the variable we are trying to forecast. So if we are trying to predict the demand for a specific product over the next six months, we use the monthly history of the product over the past two to three years. We just ignore other factors such as price elasticity, promotional sensitivity, macroeconomic activity, Governmental policy changes, or our own corporate policy decisions that we may be aware of.


Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Sales Forecasting, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

To know More, Visit Us:
https://demandplanning.net/

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  • Street Address

    26 Henshaw Street, Suite 2 Woburn, MA 01801 USA
  • City

    Woburn
  • State / Province

    Woburn, MA 01801 USA
  • Zip / Postal Code

    01801

Postal Address

  • Address

    26 Henshaw Street, Suite 2 Woburn, MA 01801 USA
  • City

    Woburn
  • Zip / Postal Code

    01801