Predictive Insights today announced its Long-Term Demand Forecasting solution. The cutting edge tool uses a combination of machine learning, economic and behavioral insights to enable restaurants and retailers to accurately
Demand forecasting or demand planning is an approach that attempts to forecast or predict what demand for a product or service will be in the future. This could be done
10+ million tons of food is wasted each year in South Africa. Retailers are using machine learning/AI to reduce food waste through demand forecasting.
We’re very excited by the award since these three economists have been responsible for developing, applying and popularising a set of analytical tools we use.