The ELECTE Review

Demand Forecasting for New Products: A Practical Guide

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0:00 | 2:57
An accurate annual forecast can still hide a launch that ran out of stock or over-ordered. This episode treats demand forecasting for new products as a decision process, not a hunt for one perfect number. We cover why observed sales are not true demand and why averaging five or six comparable launches beats a single match. We look at where Bass diffusion and model blends fit for SMEs, and at one study that paired a zero percent annual error with a 26.5 percent monthly error. Then we turn uncertainty into staged orders and reorder triggers.

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ELECTE is an AI-powered data analytics platform for European SMEs — turning raw data into clear, verifiable, actionable insight. Learn more at electe.net

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Written and hosted by Fabio Lauria.

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