Organizations of all sizes are striving to grow their business, improve efficiency, and serve their customers better than ever before. Even though the future is uncertain, a data-driven, science-based approach can help anticipate what lies ahead to successfully navigate through a sea of choices.
Every industry uses time series forecasting to address a variety of planning needs, including but not limited to:

Developing a cash flow projection based on future expected revenues and expenses
Estimating how many items to manufacture or purchase from suppliers to meet future demand
Knowing where to stock inventory in retail settings to meet on-shelf availability while also minimizing stock-outs and product waste
In wholesale or ecommerce settings, knowing where to position inventory within the supply chain network to maximize regional availability while also minimizing final mile delivery costs
Having a system for detecting outliers in which future actuals far

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