Exponential Soothing Exponential smoothing is a forecasting method that blends recent actual sales with previous forecasts using a smoothing constant (alpha).
Demand Forecasting in Supply Chain Demand forecasting is simply predicting how much of a product customers will want in the future. By doing this, businesses can make better decisions about how much inventory to hold, how to plan production, and how to manage costs. Let’s break down the basic ideas and common methods in