Food sales forecasting

An automated solution for predicting the sales of any product is being developed and transferred to pilot operation.

Transparent white-box approach for the customer

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Creation of independence from external provider through in-house solution

High cost savings

Challenge

An internationally active food retailer wants to automate the sales forecasts of its products and introduce an automatically controlled value chain. The software used so far is to be replaced by the development of a solution that can be adopted and further developed internally.

Solution

Forecast models are developed and optimised specifically for certain requirements (e.g. introduction of new products). The procedures are then integrated into an automated process for expansion to any markets and product groups.

Result

The forecasting quality can be increased compared to the software used so far. The process is automated and can be controlled and further improved by the customer.

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