AI-Powered Demand Forecasting – A Buyer's Guide
Demand Forecasting: A foundational element in creating optimized labor plans and schedules. It is critical to maximizing labor efficiency and can have a direct impact on the employee experience. There have been tremendous technological advancements in demand forecasting with the rise of AI (Artificial Intelligence).
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In this guide, you’ll find some simple explanations and key questions that those evaluating demand forecasting products and solutions should ask, including:
- What is a demand driver and influencer?
- How has the rise of omnichannel impacted demand forecasting?
- What are the limitations of traditional demand forecasting methods?
- Why does AI-powered demand forecasting matter?
- What to look for in a demand forecasting solution, including accuracy of results, how to measure it and over what period of time, questions to ask, and more!