A method and an appratus of forecasting demand for a product in a managed supply chain

摘要

The invention relates to a method of forecasting demand for a product in a managed supply chain. The method comprises the steps of:determining a forecast profile including a forecast model and a forecast parameter to be assigned to a set of data forming the basis of the forecast, wherein the determining step includes the steps of:performing a forecast test on the set of data to identify the significance of a forecast model in the set of data,determining iteratively the value of a forecast parameter, wherein the forecast parameter iteratively determined is determined by the outcome of the performing step, and the method includes the further step of:automatically assigning the determined forecast profile to the set of data.