Demand Forecasting
demand forecasting is to meet the demand of future by predicting the futuristic sales based on historical trend which shall incur profit to business and reduce the low-revenue stock in inventory along with right target product. this is overall a demand planning demand forecasting is used for long term predictions whereas demand sensing is used for short term predictions.
Underwriting
Underwriting is a crucial process in finance and insurance that assesses risk factors for loans, insurance, or investments. It involves evaluating applicant eligibility by analyzing financial data, credit history, and collateral. Underwriters play a key role in balancing risk and reward, ensuring effective risk management while providing valuable financial services to clients.
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