International Journal on Science and Technology

E-ISSN: 2229-7677     Impact Factor: 9.88

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 16 Issue 2 April-June 2025 Submit your research before last 3 days of June to publish your research paper in the issue of April-June.

A Practical Guide to Implementing Forecasting Solutions: From Simple to Sophisticated

Author(s) Shivendra Kumar
Country United States
Abstract Demand planning and forecasting have evolved from basic manual calculations to sophisticated AI-driven systems. This progression encompasses the transformation from traditional statistical methods through the integration of advanced analytics and machine learning capabilities. The guide presents a comprehensive roadmap for implementing forecasting solutions, beginning with fundamental analytical models and progressing to cloud-based and commercial platforms. The focus remains on practical implementation strategies, including platform selection between Excel and Python, considerations for scaling to advanced solutions, and essential best practices for successful deployment. The content addresses the critical aspects of data quality management, incremental building of capabilities, and establishing robust business requirements while maintaining a balance between complexity and effectiveness in forecasting implementations.
Keywords : Demand Planning, Forecasting Implementation, Business Analytics, Cloud Computing, Data Quality Management
Field Computer
Published In Volume 16, Issue 2, April-June 2025
Published On 2025-04-03
Cite This A Practical Guide to Implementing Forecasting Solutions: From Simple to Sophisticated - Shivendra Kumar - IJSAT Volume 16, Issue 2, April-June 2025.

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