Peggy Smedley and Jeff Winter, senior director industry strategy, manufacturing, Hitachi Solutions, talk about demand forecasting. He says demand forecasting involves predicting future customer demand for a product or a service—and it is the starting point for all supply chain planning and management activities.
They also discuss:
- Three ways AI (artificial intelligence) can help with demand forecasting.
- The bullwhip effect in the supply chain.
- Examples of how different industries benefit from using AI with demand forecasting.
(9/26/23 - 840)
IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, 5G, cloud, sustainability, future of work, podcast, Jeff Winter, Hitachi Solutions, worker of tomorrow
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