Description
Product Category : User Cases
Format : PDF
Staying Ahead of Consumer Trends with AI-Driven Forecasting.
Demand sensing uses AI to analyze a variety of data sources, including historical sales, social media trends, and external factors such as weather or economic conditions, to forecast product demand accurately. This enables retailers to adjust their inventory and product offerings in real-time to match consumer preferences, reducing stockouts and overstock situations and improving overall operational efficiency.
