Organizations worldwide are finding it challenging to accurately forecast demand for their products and services, which results in wastage of time and money in production and delivery, frequent stockouts and lost sales.
TransOrg has developed a powerful demand forecasting solution on Amazon Forecast technology that provides accurate sales predictions, insights on sales trends and granular demand predictions at SKU and store level which helps companies in:
- Making inventory decisions on a near real-time basis
- Ensuring increased production efficiency
- Reducing the product developlment life cycle and time to market new products
- Optimizing inventory across their supply chains
- Providing better customer service through on-time delivery