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Demand Forecast with Hierarchical Time Series

Seed: multi_level_sales_data, hierarchy_definition
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Implementation Guide

This forecasting approach models demand across hierarchical levels (product, category, region) while ensuring consistency between them. It supports strategic planning by aligning top-down targets with bottom-up realities. The output includes forecasts, confidence bands, and reconciliation diagnostics. This is especially valuable for supply chain and strategy alignment in complex organizations.

💡 Expert Q&A Insights

Q: \

Why not forecast each level separately?\" \"

Q: Independent forecasts often conflict; hierarchical methods enforce coherence.\" \n\"

Can it handle new products?\" \"

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