The secret ingredient? Demand drivers!
Demand drivers are variables that have an effect on your demand. Traditional forecasting methods don’t take this data into account. With machine learning we can identify demand drivers for your business and use them to enhance the predictive power of your forecast. This approach is much more fact based, offers an automated way to get insights, and enables your planners to balance time and effort.
Our projects show that by applying driver-based forecasting we can improve the final forecast accuracy by up to 12% and can lower the bias to 2%.
Driver-based forecasting in a nutshell
Driver-based forecasting proof of concept
Explore the potential of advanced forecasting with demand drivers in your business.Read more
Driver-based forecasting as-a-service
Proven driver-based forecasting that can be easily connected to running APS and ERP systems.Read more
Discover our plug-and-play EyeOn Promo.Read more