US Patent 10489802 Cluster-based demand forecasting procedure

Methods and systems for forecasting demand are described. A method may include determining a demand pattern for each respective item of at least some items of a plurality of items. The method may also include clustering the plurality of items into a plurality of clusters based on the determined demand patterns. The method may further include determining a composite demand pattern for each cluster. The method may additionally include forecasting a demand for an item of the plurality of items based on the composite demand pattern of the cluster to which the item belongs.