Join us for an online webinar as part of our DSF MayDay festival this May!
Predicting how much a product is going to sell each week is a key task for any grocery retailer. That is the job of a demand model. A good demand model can be used to forecast future sales, diagnose issues with past sales performance, and optimize how a product is priced and promoted. But building a demand model that can do all those things is not straightforward. In this talk I will go through what a demand model is, what requirements and constraints we need to put on a demand model, what issues and challenges arise when building a demand model, and how we go about solving those challenges. The talk will mostly be a high-level overview with some mathematical detail.
Technical level: High level/overview
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