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PREDI consulting

We support you in consulting in the Forecasting and Predictive Analytics area

Establishing reliable forecasts of your sales and any other variables related to your business (cash flow, production, turnover) is crutial for the proper management of your business and for its performance and results.

 

For example, insufficient stock and late deliveries may lead to lost sales and poor customer experiences.

Such problems happen more often than you think if sales are not properly forecasted and planned. Reliable, well-monitored and well-shared forecasts at the whole company level thanks to a consistent collaborative approach make it possible to prevent the various risks related to the market, the competition and to the customers.

 It is important to be supported and advised by experts who have acquired a long and diverse experience in the field of forecasting and predictive analytics

We provide you with our expertise in the areas of auditing and diagnostics and we recommend the appropriate and reliable solutions

  • We analyze your data sets and check whether it is necessary to integrate or change variables, reference period, hierarchy, ...
  • We analyze the existing forecasting process in order to assess its reliability and recommend the appropriate corrective solutions or rethinking and designing it.
  • We evaluate together the accuracy of your forecasts vs your targets. Because, once you've set your targets, it's crucial to know if they are achievable or not, and then to determine how you can achieve them.

We design and strengthen together for your company a forecasting process with its tools and resources, methods and processes

We support you to update, rethink and develop your forecasting process and system

  • We help you strengthen and enrich the regular analysis of the performance of your forecasts by adequate reporting (forecasts vs actuals, returns of special actions, etc.) and adapt the forecasting methods if necessary.
  • We enrich your forecasting methods with other internal data and variables and from the eco-system (market, competition, …).
  • We support you in developing the forecasting tool itself if it turns out to be no longer adequate for the context and data of your business and its environment.

We mobilize the needed resources to engage your employees in the predictive analytics and forecasting field and help them develop skills and knowledge

  • Sometimes, the lack of communication between the different departments within the company about forecasts and their use leads to conflicts or even dysfunctions. This can have a significant impact on the operation and performance. We help your employees communicate better with each other and adopt a collaborative and information-sharing approach.
  • We educate your employees in order to develop a culture of predictive analytics and forecasting.
  • We help you anticipate the new practices and skills of tomorrow. Thanks to the offer of specific training in the field of predictive analytics and forecasting, we support you in developing the skills and practices of your employees.
  • We support you in the implementation of tools and collaborative platforms in the field of predictive analytics and forecasting, this in complete consistency with the other departments within the company.