" Improving the accuracy of Demand Prediction" by Ashok Leyland wins an award in 2021
- Krish Ayyar
- Mar 7, 2022
- 2 min read
Updated: Aug 26, 2022
The forecast accuracy to product demand from sales funnel was around 61% prior to the introduction of the architecture. This led to an appreciable increase in inventory and the stock held was twice the sale. The problem was further compounded in the COVID pandemic leading to demand contraction and increase in the inventory holding cost.
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