How AI-Powered Demand Forecasting Transforms New Product Introductions
1 Articles
1 Articles
How AI-Powered Demand Forecasting Transforms New Product Introductions
Effective demand planning software is essential for businesses managing short and unpredictable product life cycles. A well-structured demand forecasting strategy for new product introductions (NPI) should address two key aspects: Baseline Demand Forecasting – Estimating long-term sales at normal operating capacity. Launch Demand Profile – Predicting demand patterns during the initial introduction phase. Establishing Baseline Demand for New Pro…
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