Demand forecasting and stocking leverage AI-powered algorithms to predict future product demand, enabling businesses to optimize inventory levels and avoid stockouts or overstocking. By analyzing historical sales data, market trends, and external factors, AI models can accurately estimate future demand patterns. This process helps businesses make informed decisions about purchasing, production, and supply chain management, leading to cost savings, improved customer satisfaction, and efficient resource allocation. AI-driven demand forecasting and stocking streamline operations and ensure businesses can meet customer demands effectively.
