Unraveling the Concept of Demand Forecasting:

At its core, demand forecasting encapsulates the art and science of predicting future consumer demand based on historical data, market trends, and other relevant factors. It serves as a cornerstone of business planning, enabling organizations to align their operations with anticipated market fluctuations. By embracing the concept of demand forecasting, businesses can enhance their agility, responsiveness, and competitiveness in today's dynamic marketplace.