Sales Forecasting

Description

Product Category : User Cases

Format : PDF

Sales Forecasting uses machine learning models to predict future sales trends, enabling businesses to plan more effectively and allocate resources efficiently. Unlike traditional methods that often rely on static historical data and simple algorithms, AI-driven forecasting can incorporate a wide range of data points, such as economic indicators, consumer behavior trends, seasonality, and promotional activities. These models help sales teams anticipate demand fluctuations, optimize inventory, and align marketing strategies with expected sales performance.