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GlossarySupply Chain

Demand Planning & Forecasting

The process of predicting future customer demand using historical data, market intelligence, and statistical models. Accurate demand planning reduces stockouts, excess inventory, and supply chain costs.

Key Benchmarks

Best-in-class accuracy: 85-95%
Average accuracy: 70-80%
Forecast bias target: <5%

See Demand Planning & Forecasting in action

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