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Demand Sensing
Supply Chain

Demand Sensing

Use of recent demand signals and near-real-time data to adjust short-term forecasts.

Examples

  1. 01Demand sensing uses daily store sales and weather data to raise the short-term forecast for ice cream before a heat wave.
  2. 02The planning team reviews demand sensing signals daily for the top 50 products, comparing them with the monthly forecast.
  3. 03When demand sensing shows a 30 % rise in one region, logistics moves stock from the central warehouse within 24 hours.

Related terms

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