Supply Chain Client Case Study: Demand Prediction
The client is a nationwide F&B restaurant chain in Vietnam.
An F&B business requires materials to be restocked in time and sufficiently to meet demands and avoid degradation of materials. The Supply Chain team had difficulties finding suitable forecast methods, testing and implementing these methods.
Using data collected from the client’s systems, our data scientist worked with the Supply Chain team in forecasting demands through time-series models and Machine Learning models. The results are demand projections which are used in the client’s auto-replenishment system to calculate safety stock and to manage inventory and order.