Learn how price elasticity of demand impacts consumer behavior and forecasting. Discover strategies for understanding demand ...

Discover how human resource planning might be used to estimate the correct demand for labor in a given market, both qualitatively and quantitatively.

The landscape of demand forecasting, data science and machine learning is rapidly evolving, as companies seek innovative approaches to handle the intricate intersection between technology and consumer ...

Editor’s note: The following article is a joint project of professors in the University of Tennessee Knoxville’s Global Supply Chain Institute. For more on the Institute, click here. Demand planners ...

Water demand forecasting is an indispensable element in the sustainable management of water resources, as growing populations and climatic uncertainties intensify the pressure on water supplies.

As businesses become increasingly reliant on data to make informed decisions, the importance of accurate and precise analytical business intelligence cannot be overstated. However, to truly tap into ...

Supply chain forecasting is becoming an increasingly critical component of operational success. Accurate forecasting enables companies to optimize inventory levels, reduce waste, enhance customer ...

The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega has to have a pretty good sense of how many people will ...

Bugaboo: something that causes fear or distress out of proportion to its importance. When it comes to running a company, when things break down executives have traditionally said “we need to improve ...

OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year and for 2025. It’s the third time in as many months that the Organization of ...

OPEC has increased its global oil demand forecast in both the long and medium term, revising its previous forecast for 2023 higher by 1.4 million barrels per day. The group now sees oil demand hitting ...