The Ultimate Guide to AI-Powered Demand Forecasting
A practical, ICP-focused guide for mid-market manufacturers and wholesalers.
Chapter 1: Why Traditional Excel Forecasts Fail
Manual spreadsheets create errors, version conflicts, and cannot model campaign production, long lead times, or external signals.
Chapter 2: AI & Machine Learning Basics
Modern ML chooses the best model per SKU, includes seasonality and external drivers, and learns continuously.
Chapter 3: The 3 Metrics That Matter
- WAPE: Weighted Absolute Percentage Error
- MAPE: Mean Absolute Percentage Error
- Bias: Systematic over/under-forecasting
Chapter 4: Checklist to Get Started
- Export-first: ERP/CSV snapshots (sales, inventory, lead times)
- Define service targets per ABC class
- Baseline current accuracy; plan a 4-8 week PoV