You're managing a lean manufacturing setup. How do you forecast demand with precision?
Accurate demand forecasting in a lean manufacturing setup is crucial to maintain efficiency and reduce waste. Here are some strategies to enhance your forecasting precision:
What techniques have you found effective in forecasting demand? Share your insights.
You're managing a lean manufacturing setup. How do you forecast demand with precision?
Accurate demand forecasting in a lean manufacturing setup is crucial to maintain efficiency and reduce waste. Here are some strategies to enhance your forecasting precision:
What techniques have you found effective in forecasting demand? Share your insights.
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Demand forecasting can be done with inputs from market intelligence, geopolitical scenarios and government policies & historical data . We have latest AI tools available in market, prediction modelling which can be used along with available inputs and demand can be forecasted with good precision..
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We can enhance collaboration between sales and production teams using integrated planning tools, ensuring that the forecast reflects both current sales insights and production capabilities. This can bridge gaps and align strategies more closely with market realities.