Understanding the Fundamentals of AI-Driven Forecasting In the consumer goods supply chain, few challenges are as persistent as inaccurate demand forecasts. Whether you're managing SKUs for a beverage giant or coordinating replenishment planning for packaged goods, the gap between predicted and actual demand can mean millions in lost revenue, excess inventory costs, or worse—empty shelves. Traditional statistical forecasting methods have served the industry for decades, but they struggle with the complexity and volatility of today's consumer markets. Enter AI Demand Forecasting —a transformative approach that leverages machine learning algorithms to process vast datasets, identify hidden patterns, and generate predictions with unprecedented accuracy.…