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Demand Forecasting for retail is the core module of our Analytics Suite. It analyzes historical data and performs accurate sales forecasts using optimally selected statistical models.
Features of Eurisko Demand Forecasting for Retail:
- Set of 16 statistical / computational forecast models
- Accurate times series decomposition
- Identification of seasonal / trend / elasticity patterns
- Automatic model selection based on data properties
- Intuitive web interface
Benefits of Eurisko Demand Forecasting for Retail:
- Accurate daily / weekly / monthly / quarterly sales forecasts
- Identification of promotion candidate items based on projected sales and item performance
- Similarity analysis on item / category levels
- Demand forecasting for critical items (slow movers, short life-cycle products)
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