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The AI.S² Demand Forecasting Tool is designed for all industries and enables precise forecasts. Particularly noteworthy are the sectors of Manufacturing, Retail, and Energy & Utilities. In the following sections, you will learn more about the specific challenges faced by these industries and the value that AI-based demand forecasting offers.
With accurate demand forecasting, manufacturers can predict the demand for products, product categories, or components across different locations or markets. This enables them to optimize their inventory levels and reduce the risk of stock shortages or overproduction.
The future of retail depends on accurate demand forecasting that meets customer needs across various product categories while reducing waste. Optimized inventory management ensures product availability, boosting customer satisfaction and supply chain efficiency.
Demand Forecasting in the energy and utilities sector enables companies to accurately predict future energy demand. This helps to efficiently plan resources, ensure grid stability, and optimize costs by avoiding over- or under-supply.
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