AI models can process thousands of factors simultaneously, including demand signals across multiple items, macroeconomic ...

While demand planning accuracy currently hovers around 60%, DLA officials aim to push that baseline figure to 85% with the help of AI and ML tools. Improved forecasting will ensure the services have ...

Water demand forecasting is an indispensable element in the sustainable management of water resources, as growing populations and climatic uncertainties intensify the pressure on water supplies.

Researchers at Institute of Science Tokyo have developed a novel Group Encoding method that accurately forecasts electricity demand using only On/Off device data from building energy systems. Tested ...

Angel hair chocolate is the latest viral sensation. Ever wondered how a TikTok trend, Dubai Chocolate, could shake up the global pistachio market? That’s precisely what this viral craze has done, ...

The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega has to have a pretty good sense of how many people will ...

The Energy Systems Integration Group (ESIG) has released a report examining how utilities and planners forecast long-term electricity demand and distributed energy resources (DERs) in an era of rapid ...

In today’s rapidly evolving business landscape, the ability to accurately forecast sales is more critical than ever. Yet, traditional sales forecasting methods are increasingly proving inadequate, as ...

Financial forecasting is the act of estimating future financial outcomes for a business or an investment. It is a critical process in financial planning and decision-making. It employs statistical ...

With legacy load forecasting models struggling with unpredictable events that are becoming ever more common, power-hungry AI offers a solution.