Nestlé required a demand forecasting system capable of accurately predicting finished goods demand 78 weeks in advance. The system needed to function seamlessly across six product hierarchies while ensuring forecast roll-ups and roll-downs maintained a 99.99% accuracy rate. With such high precision required, traditional forecasting methods and manual processes were
not scalable.
Furthermore, Nestlé needed a way to integrate historical sales data with anticipated demand trends to prevent stockouts, reduce overproduction, and optimize inventory levels—all while keeping their supply chain responsive
and efficient.
To overcome these challenges, Nestlé turned to Allston Yale, a trusted Data Analytics Consultant, to design a scalable, automated forecasting solution that would streamline their operations and improve decision-making.
Nestlé required a demand forecasting system capable of accurately predicting finished goods demand 78 weeks in advance. The system needed to function seamlessly across six product hierarchies while ensuring forecast roll-ups and roll-downs maintained a 99.99% accuracy rate. With such high precision required, traditional forecasting methods and manual processes were not scalable.
Furthermore, Nestlé needed a way to integrate historical sales data with anticipated demand trends to prevent stockouts, reduce overproduction, and optimize inventory levels—all while keeping their supply chain responsive and efficient.
To overcome these challenges, Nestlé turned to Allston Yale, a trusted Data Analytics Consultant, to design a scalable, automated forecasting solution that would streamline their operations and improve decision-making.