Individual skill
demand-forecasting-engine
AI-powered demand prediction skill using historical data, market signals, and external factors for improved forecast accuracy
library/specializations/domains/business/logistics/skills/demand-forecasting-engine/SKILL.md
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# Demand Forecasting Engine
## Overview
The Demand Forecasting Engine is an AI-powered skill that generates accurate demand predictions using historical data, market signals, and external factors. It employs multiple forecasting methods including time series analysis and machine learning models to improve forecast accuracy and support inventory planning decisions.
## Capabilities
- **Time Series Forecasting (ARIMA, Prophet, etc.)**: Apply classical and modern time series methods for demand prediction
- **Machine Learning Demand Models**: Use ML algorithms to capture complex demand patterns and relationships
- **Promotional Lift Modeling**: Incorporate promotional calendar and estimate promotional demand lift
- **External Factor Integration (Weather, Events)**: Include weather, events, and economic indicators in forecasts
- **Forecast Accuracy Measurement**: Track and report forecast accuracy using standard metrics (MAPE, bias, etc.)
- **Demand Sensing with POS Data**: Incorporate point-of-sale data for short-term demand adjustments