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Knowledge Center - Case Studies   Cafe Cerebral Case Studies     DEMAND FORECASTING Client needs to accurately predict customer demand Under-forecasting raises customer dissatisfaction and every chance of losing market share to competition Over-forecasting creates pile of inventory and obsolescence   Identify data sources Clean data Understand the data pattern and industry trend Build advanced model that are robust Use secondary data to increase the predictive power of the models Incorporate market research data for fine tuning Employ robust tracking and create a feedback loop to continuously improve models   The client greatly reduced their errors in demand forecasting Contact Mu Sigma info@mu-sigma.com Site Map | Disclaimer | Privacy Policy © 2005 - 2009 Mu Sigma. All rights reserved