Demand Forecasting is a process to estimate customer demand in a foreseeable period. Good Demand Forecasting can help business to maintain an optimum level of finished products inventory, better raw materials purchase planning, better production planning and so on. Sparkflows can help business to determine customer consumption behaviour and prefrences by analyzing historic sales data.
Demand Forecasting is a process to estimate customer demand in a foreseeable period.
Perform pre-processing and data cleansing
Implement Time-Series Forecasting algorithms to identify demand trend and seasonal trend
Implement Clustering Analysis to identify demand behaviour of a group of customers
Predict demand for products in near future
Number of large scale clustering algorithms and time-series forecasting models
Feature engineering and model evaluation
Powerful Data Preparation to clean, join, aggregate very large datasets