👉 Prevising, also known as forecast planning or business forecasting, is a process of estimating future performance and market demand based on historical data. It involves using statistical models to predict changes in sales, inventory levels, and other variables that might influence future performance. The goal of prevising is to make informed decisions about how to allocate resources, manage risk, and plan for the future with an understanding of current conditions, potential outcomes, and market trends. This process helps organizations make better-informed business
