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Your Next Demand Spike is Already Trending Online... Are You Paying Attention? Using AI for Demand Forecasting.
Can social media predict product demand?  Many supply chain professionals still rely on traditional forecasting methods, but what if social media could give us real-time demand signals before sales even happen? In my recent research, we found that analyzing social media sentiment and engagement can improve demand forecasting accuracy by 42%, especially for new products with no historical data. Let’s break it down. Image generated by AI (DALL·E) The Challenge: Forecasting New
Mar 126 min read
