When timing is everything, the sooner you can identify where demand is heading the more effectively you can adapt to changes in the market. Our approach allows for tactical interventions for each market to maximize demand. Understanding the drivers behind demand give you a clear direction for action to intervene or modify your business strategy and mitigates paralysis due to uncertainty.
Advanced Demand Forecasting can provide a macro-level picture for your entire business as well as drill down to segments based on customers, products, or existing company structures to easily integrate into existing reporting systems. The demand engine itself is advanced enough to detect multiple seasonality and trend to produce forecasts at the window and granularity you need.
The forecasting engine we developed is highly customizable based on your unique business requirements and data availability. Common customizations include multiple forecast timeframes and developing specialized models for specific market or company segments. We will work side by side with your Subject Matter Experts to determine the critical internal and external datasets most likely to influence demand and bring them into the model.
Advanced Demand Forecasting requires a minimum of two years of historical demand data, as well as 3+ years of data for analyzing the factors driving demand. Additional datasets may be required based on customization options.