"Quantalytic continue to partner with us. Their approach has complemented our organisation well ... they add a lot of value.." - Russel Chesler, Divisional Manager, Perpetual Ltd, Sydney
Forecasting demand is a challenging activity. Most organisations struggle with this and make do with "gut feel" or other heuristic methods when it comes to their sales forecasts. In situations where there is a lot of historical data and where history has a tendency to repeat itself, there is a lot of science that can be brought to bear in coming up with accurate forecasts. We are experts at demand forecasting and we can help your team apply sophisticated data analysis methods to come up with prediction models for demand in your business.
For a practical example of where we have applied demand forecasting in a retail promotions context, refer to the retail forecasting work sample.