Data Scientist - SKU level forecasting
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NO THIRD PARTY VENDORS
3 MONTH CONTRACT - POSSIBLE EXTENSION
SKU-level forecasting analyzes data such as past sales and consumer trends to predict future product demand at the individual Stock Keeping Unit (SKU) level.
The main goals are to:
Optimize inventory management
Improve supply chain communication
Gain insights into market trends
Enhance cash flow.
Key Components of SKU-Level Data
SKU-level forecasting typically involves analyzing various data points, including:
Inventory levels
Sales data
Pricing information
Product attributes
Location data
Supply chain information
Return or defect rates
Promotion data
Customer reviews