Improve demand forecasting accuracy using AI and historical data using Forthcast

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Forthcast

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Forthcast.io is a solution that transforms inventory management and demand forecasting for Shopify merchants. It empowers businesses to optimize stock levels, improve forecasting accuracy, and drive profitability by tackling key supply chain challenges with smart, data-driven tools.

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What to expect from an ideal product

1. Learns from past sales patterns and seasonality to spot trends and make better predictions
2. Combines historical data with real-time market signals to adjust forecasts on the fly
3. Cuts out human bias by using smart algorithms to analyze buying patterns across products
4. Creates custom predictions for each item based on its unique sales history and characteristics
5. Gets smarter over time by tracking forecast accuracy and tweaking its approach based on results