1 minute to read - May 5, 2023

Demand Planning

ChatGPT can assist in creating more accurate demand plans by analyzing historical data and considering external factors like seasonality, promotions, and market trends. For example, a conversation with ChatGPT could be:

User: ChatGPT, can you suggest a demand plan for product Z for the next six months?

ChatGPT: Based on historical sales data and market trends, I suggest forecasting an average demand of 1,000 units per month for product Z for the next six months, with a potential increase of up to 20% during the holiday season.

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