Customer demand forecasting is by and large a similar process across various manufacturing companies. The net forecasted customer demand is the crucial input needed for budgeting, planning and eventually to predict the gross & net profitability of an enterprise culminating with the Earnings per share quantifying stakeholder profitability.
The core of the offerings of Spartacus Technologies to manufacturing sector is to arrive at an accurate demand forecast based on past historical data and any and every other input available to an enterprise both direct and indirect in nature. The accurate forecast is arrived at by using advanced AI / ML algorithms.
· Discrete Manufacturing
Discrete manufacturing is the production of discrete items wherein the resulting products are easily identifiable and differ greatly from continuous process manufacturing where the products are undifferentiated, for example oil, natural gas and salt.
Forecasting end customer demands or intermediate B2B customer demands in industries like High Tech, Automotive, Aerospace & Defense, Machinery & Electronics
· Continuous Process Manufacturing
In case of continuous process manufacturing; the in-process data gathering is quite robust primarily driven by various automated production control processes equipment. The net demand from one step of the product to the previous step of the process both inter company and intra company net demand can be accurately forecasted using AI / ML algorithms.
Net customer demand forecasting of products at the end of the continuous process manufacturing based on historical data and AI/ML algorithms based on all dependent variables
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