Operational Excellence
Demand Forecasting
Sales and production forecasts from your own history.
01 / The problem
The problem.
Production and purchasing are planned on experience and last year's numbers. Stock-outs and waste follow.
02 / What it does
What the agent does.
- Forecasts demand per product and period
- Accounts for seasonality, promotions and calendar effects
- Explains forecast changes to planners
- Feeds planning and procurement
03 / How it is built
Built on ContextLab.
Ontology
Product, customer, channel, period
Process
Planning cycle and sign-off
Formal Knowledge
Planning rules and constraints
AI Technologies
Time-series forecasting · Gradient boosting
04 / Results
Typical KPIs we measure.
- Forecast accuracy (MAPE)
- Stock-out rate
05 / Integration
Integrations and deployment.
ERP · Sales systems
On-premise or private EU cloud
Related agents
More in Operational Excellence.
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