Demand Planning - best situations to use causal modeling
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The best situations to use causal modeling can be some of the following:
You expect the average price of your product to go up in Q2 and Q4 of next year. Although you made a forecast about price, it is still a policy variable and under control. Perhaps very accurately forecastable.
The company always promotes the products at the end of the quarter. To understand structural modeling or multiple regressions and Discrete variable modeling, the following sources will be helpful
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.
Sales Forecasting is a key business process that enables the Sales teams to plan their promotions, optimize their spend and determine a volume forecast for key sales and business decisions. Sales Volume Forecasts are a key input into Demand Planning and S&OP.
To know More, Visit Us:
https://demandplanning.net/
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Woburn, MA 01801 USA -
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26 Henshaw Street, Suite 2 Woburn, MA 01801 USA -
City
Woburn -
Zip / Postal Code
01801