How to Use Demand Forecasting Methods in Industry

**Demand forecasting** is essential for any company that wants to optimize its **production** and **reduce its costs**. It helps maintain a perfect balance between supply and demand, thus ensuring optimal **customer satisfaction**. Among the forecasting methods, we distinguish **qualitative**, **quantitative** and **time series** approaches. Each of them offers specific advantages, whether in terms of accuracy, responsiveness or adaptability to …