Forecasting-New SKU Launches

Problems‍

• Reliance on guesswork for new SKU collection planning: Cumbersome to analyze past seasons SKU performance at attribute levels for new season’s SKU

‍Solution

• Leverages historical data and predictive analytics to forecast demand for new product launches and seasonal trends.
• Reduces the risk of overstocking or missed sales, maximizing the success of new SKUs.
• Provides insights into marketing impact on inventory performance for better planning.