To Buy or Not to Buy - Demand Forecasting at ERCO for Architectural Lighting Solutions

date:

Tuesday, Oct 4, 2022

Time:

10:54 am

Summary:

In the corona pandemic with i.e. semiconductor shortage and company closures the manufacturing industry faces a never experienced situation leading to high uncertainty. In the case study at ERCO (a light solutions manufacturer) various AI-based demand forecasting scenarios serve as decision support in supply chain planning. The challenge of joining data from a global CRM & ERP system and the difficulties with manually entered order entry probabilities is addressed and possible solutions presented.

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