Inventory forecasting is a critical practice in managing inventory effectively. Inventory forecasting, also known as demand planning, involves using past data, trends, and known upcoming events to predict the needed inventory levels for a future period. Accurate forecasting ensures that businesses have enough products to fulfil customer orders while avoiding excess inventory that ties up cash.
Offering Includes:
![](https://www.nupeak.in/wp-content/uploads/2024/04/Historical-Trend-Line.png)
Exponential Smoothing Model for Demand forecasting
![](https://www.nupeak.in/wp-content/uploads/2024/04/current-inventory-levels.png)
Simulation
Based Inventory
Optimization
![](https://www.nupeak.in/wp-content/uploads/2024/04/Compliance-Score.png)
Multi-Echelon
Inventory Optimization (MEIO)
![](https://www.nupeak.in/wp-content/uploads/2022/03/insurancerisk.png)
Risk
Analysis
![](https://www.nupeak.in/wp-content/uploads/2024/04/Corrective-Action-Identification-Implementation.png)
Corrective Action Identification & Implementation
![](https://www.nupeak.in/wp-content/uploads/2024/04/Multiple-Linear-Regression-Analysis-Demand-Planning.png)