Revolutionizing Supply Chain Management: The Power of Time Series Forecasting in Balancing Demand and Inventory
Understanding Time Series Forecasting Let's start by understanding what time series forecasting is and why it matters in business decision-making. Time series forecasting, essentially, is a statistical method used to predict future values based on historically observed data. By leveraging historical data patterns, companies can accurately anticipate future consumer demand, enabling them to streamline operations,…
Casey Jones
September 29, 2023
