Case Study: Forecasting demand for a manufacturing company

Background: Nonjabulo Manufacturing is a leading producer of automotive components, supplying major automobile manufacturers worldwide. With a diverse product range and fluctuating market demand, accurate demand forecasting is essential for optimising production schedules, inventory management, and resource allocation. Nonjabulo Manufacturing seeks to

enhance its forecasting methods to minimise production costs and maximise customer

satisfaction.

Forecasting methodology: Nonjabulo Manufacturing employs a combination of statistical

techniques, historical sales data, and market analysis to forecast demand. The company utilises

time series analysis, regression models, and collaborative forecasting regarding key customers to generate accurate predictions.