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Demand Forecasting

Accurately forecasting spikes in demand for products and services can give a company a competitive advantage. This solution focuses on demand forecasting within the energy sector.

Demand ForecastingAccurately forecasting spikes in demand for products and services can give a company a competitive advantage. This solution focuses on demand forecasting within the energy sector.

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Demand ForecastingAccurately forecasting spikes in demand for products and services can give a company a competitive advantage. This solution focuses on demand forecasting within the energy sector.

Related solution architectures

Demand Forecasting and Price OptimisationPricing is recognised as a pivotal determinant of success in many industries and can be one of the most challenging tasks. Companies often struggle with several aspects of the pricing process, including accurately forecasting the financial impact of potential tactics, taking reasonable consideration of core business constraints, and fairly validating the executed pricing decisions. Expanding product offerings adds further computational requirements to making real-time pricing decisions, thereby compounding the difficulty of this already overwhelming task.

Demand Forecasting and Price Optimisation

Pricing is recognised as a pivotal determinant of success in many industries and can be one of the most challenging tasks. Companies often struggle with several aspects of the pricing process, including accurately forecasting the financial impact of potential tactics, taking reasonable consideration of core business constraints, and fairly validating the executed pricing decisions. Expanding product offerings adds further computational requirements to making real-time pricing decisions, thereby compounding the difficulty of this already overwhelming task.

Demand Forecasting for Shipping and DistributionThe Demand Forecasting for Shipping and Distribution Solution uses historical demand data to forecast demand in future periods across various customers, products and destinations. For instance, a shipping or delivery company wants to predict the quantities of the different products its customers want delivered at different locations at future times. A company can use these forecasts as inputs into an allocation tool that optimises operations, e.g. in the routing of delivery vehicles, or to plan capacity in the longer term.

Demand Forecasting for Shipping and Distribution

The Demand Forecasting for Shipping and Distribution Solution uses historical demand data to forecast demand in future periods across various customers, products and destinations. For instance, a shipping or delivery company wants to predict the quantities of the different products its customers want delivered at different locations at future times. A company can use these forecasts as inputs into an allocation tool that optimises operations, e.g. in the routing of delivery vehicles, or to plan capacity in the longer term.