Enabling supply chain managers to develop accurate demand forecasts
Wipro’s Demand Forecasting of Critical Wellhead Spares app uses historical sales transactions data for the different product lines as well as publicly available data on crude oil prices and rig counts. The app built on Wipro’s Data Discovery Platform (DDP) helps supply chain managers to develop accurate demand forecasts to use as input into their procurement, manufacturing, and inventory planning process. DDP is an integrated platform that captures and manages data to generate pertinent insights through advanced analytics, offering price, performance and time benefits. It accelerates ‘time-to-insight’ for an enterprise using pre-built industry apps that enable faster decision making, aided by advanced visualization.