Sales and Demand Forecasting

Informed, data-driven and adaptive. Use market conditions and consumer behavior to build models to forecast your demand and adapt to change.

Accurately predict your sales activity. Use this data to better plan your production, staffing and pricing.

Increase revenue

Avoid shortage by always having your products in stock, thereby increasing client satisfaction.

<sales.increased>

Decrease inventory surplus

Avoid overstocking products and wasting valuable warehouse and showroom space.

<stock.optimised>

Understand buying patterns

What led to particular events? Understand the causes of your consumers behavior.

<patterns.discovered>

Improve pricing strategy

Improve pricing strategy Better demand forecasting will inform you of the impact pricing changes will have.

<price.adapted>

Effectively plan budgets

Insights into demand and staffing requirement will optimize your expenses and budgeting.

<schedule.planned>

Adapt to change

Identify shifting consumer preferences or external factors, like competitor promotions.

<changes.covered>

Are you planning your activity based on intuition?

Include seasonality, purchasing frequency, weather, price and market conditions in your forecasts to reliably plan for the future. These insights can even be used to plan for future initiatives like new productions lines or international expansion.

Varying forecasts can help different aspects of your business. Some products may have constant demand, while others, erratic demand. Discover these insights from your existing data.

Explore other solutions
/ Data Analytics & Machine Learning

The Technologies
/ Behind Solution

Our Experts
/ Knowledge Shared

PIM in Marketplace Platform
16.04.2024

PIM Systems in Marketplace Platforms

E-Commerce

High quality and accurate product data enables sellers to present their assortment appropriately, and consumers to find exactly what they are looking for. The most popular marketplace platforms operate almost like search engines, allowing consumers to advanced filter listings using multiple keywords and various parameters. However, managing the vast amount...

09.04.2024

Recommerce / The Importance of Pre-owned Goods on the Broader Retail Market

Omnichannel

In the past year or two, recommerce has grown immensely in popularity. With difficult economic situations, consumers are looking to resell and buy existing goods in order to save money. This in turn impacts direct sales, further encouraging existing retailers to enter the recommerce market. In this article, we want to explore the essentials of all things...

Composable Commerce Modules Illustration
27.02.2024

Composable Commerce Components / How to Build an E-commerce System?

E-Commerce

When it comes to Composable Commerce, you’ve likely heard the term thrown around for a while now. But while the concept of building e-commerce platforms from modular components is rather clear, not everyone knows what tools are actually available for constructing this platform. So, let’s break down this topic into smaller components and explore...

Our solutions
Your success

Find out how to automate and improve the effectiveness of sales forecasting in your company. Discover the tools that make your planning process more efficient and accurate. Fill in the contact form.