• anirbit.datta started taking the course Demand Forecasting 5 years, 5 months ago

    Course

    Demand Forecasting

    by vipul.singh

    Demand forecasting is comprised of a series of steps that involves anticipation of demand for a product in future under both controllable and non-controllable factors. Predicting right demand of a product enables an organization to: plan and schedule the production and acquire the inputs accordingly, make provisions for finances, formulate a pricing strategy and prepare marketing plans and implement them.