Forecasting | Pan Delirio

The demand for Pan Delirio products varies greatly throughout the year and is affected by the day of the week, holidays, weather, etc. Moreover, during the recent pandemic, demand has fluctuated greatly due to social distancing and government implemented lockdowns. These elements lead to a great amount of uncertainty when planning the volume of production as they can lead both to undershooting the demand by making too little product and to excess production and the subsequent financial losses.