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ThouSense is an AI/ML-based, easy-to-use SaaS platform that helps businesses worldwide predict short-term and long-term demand planning and forecasting. You can get automated and accurate demand forecasts of macroeconomic indicators, currency fluctuations, weather and seasonality patterns, etc. With historical sales data, it predicts future sales volume, anticipates demand trends and seasonality without compromising on accuracy. It also helps with financial forecasting, budgeting, scenario planning, and supply chain management for small-to-large enterprises.
• Free up planner capacity.
• Higher customer satisfaction index and brand reputation.
• Increase revenues and profits.
• AI-based forecasting achieves 99% accuracy.
• Reduce stockouts and inventory.
• Free up planner capacity.
• Higher customer satisfaction index and brand reputation.
• Increase revenues and profits.
• AI-based forecasting achieves 99% accuracy.
• Reduce stockouts and inventory.
- Lives in Bengaluru
- Male
- Followed by 0 people
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- What Are the Best Tools for Demand Planning?Demand planning is an essential process for businesses aiming to optimize their supply chain operations and meet customer needs efficiently. Accurate demand planning involves predicting future customer demand and aligning supply chain activities accordingly. This article explores the best demand planning tools, the role of demand forecasting AI, and the importance of understanding what demand...0 Comments 0 SharesPlease log in to like, share and comment!
- How Can Businesses Identify and Respond to Different Types of Demand Patterns?In the realm of business strategy and operations, understanding and effectively responding to different types of demand patterns are critical to achieving sustainable growth and maintaining competitive advantage. Demand patterns refer to the variations in customer demand over time, influenced by factors such as seasonal trends, economic conditions, consumer behavior shifts, and competitive...0 Comments 0 Shares
- The Role of Demand in Strategic Business PlanningStrategic business planning is essential for the long-term success and sustainability of any business. A key part of this planning is understanding and managing demand. Demand affects many aspects of a business, including production, inventory management, marketing, and sales strategies. In this blog, we will discuss the importance of demand in strategic business planning and how businesses can...0 Comments 0 Shares
- How Can Businesses Adapt to Changing Patterns of Demand?In today's fast-paced business environment, one of the biggest challenges that companies face is adapting to changing patterns of demand. Customer preferences, market trends, economic conditions, and technological advancements all contribute to the fluidity of types of demand patterns. To thrive in such a dynamic landscape, businesses must adopt agile strategies that enable them to anticipate,...0 Comments 0 Shares
- The Benefits of Implementing Demand Forecasting SoftwareIn today's fast-changing business world, accurate demand forecasting is key to success. Demand forecasting software uses smart algorithms and AI to predict future demand for products and services. This helps businesses run smoothly, save money, and keep customers happy. In this blog, we'll look at the many benefits of using demand forecasting software and how it can change the way your business...0 Comments 0 Shares
- Understanding Market Demand: Key Factors and StrategiesUnderstanding market demand is crucial for any business aiming for success, as it serves as a guiding compass in the dynamic world of consumer preferences, economic shifts, and technological advancements. Market demand refers to the total amount of a product or service that consumers can purchase at various price levels over a specific period. Accurate insights into market demand allow...0 Comments 0 Shares
- What Are the Core Components of Effective Supply Chain Management?Effective supply chain management (SCM) is essential for optimizing operations, reducing costs, and meeting customer demands efficiently. Understanding the key elements of supply chain management and the core components that make up a robust supply chain is critical for maintaining a competitive edge. This blog explores these core components, the significance of demand forecasting, and how...0 Comments 0 Shares
- How Is Demand Managed in Supply Chain Management?Demand management is a critical aspect of supply chain management, ensuring that businesses can accurately predict, influence, and meet customer demand while optimizing their operations. Effective demand management involves a comprehensive understanding of the various supply chain management elements, the essential components of supply chain management, and the role of demand in supply chain...0 Comments 0 Shares
- How Is Demand Forecasting Used in Logistics?Demand forecasting is a critical function in logistics, playing a significant role in optimizing supply chain operations and ensuring that businesses can meet customer demands efficiently. Accurate demand forecasting in logistics involves predicting future customer demand to inform decisions on inventory levels, production schedules, and distribution strategies. This article explores how...0 Comments 0 Shares
- What Are the Top Sales Forecasting Methods?Sales forecasting is a critical practice for businesses aiming to predict future sales, optimize inventory, manage cash flow, and set realistic targets. Choosing the right sales forecasting methods can significantly impact the accuracy of these predictions. This blog explores various sales forecasting techniques, identifies the top sales forecasting methods, and highlights the advanced...0 Comments 0 Shares
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