Sales Forecaster
Market problems
Sales forecasting is one of the key business processes, the inaccuracy of which directly affects the performance of other functions
Forecasting is often carried out using outdated tools or basic office programs, such as Excel
Preparing a sales forecast takes a lot of time and does not have the possibility of automated adjustments based on sales during the year
At the same time, assortment matrix management is based on a small number of factors, where the key factor is the expertise of the manager
About the product
Thanks to advanced machine learning algorithms, Sales Forecaster predicts the sales of a product, a category of products, or the entire assortment matrix. Based on the sales forecast results, Sales Forecaster allows you to create an optimal assortment matrix of a brand or company for each reseller partner, which will allow you to develop more effective marketing and trade marketing campaigns for reseller partners.
Stages of work
Data preparation - 1st week
- Collection and structuring of available data
- Formation of a list of factors affecting sales figures
- Analysis of the dynamics and trend of sales
- Choosing a basic machine learning model
- Collecting user requirements
Building a model - 2nd week
- Building a basic forecasting model
- Testing the model
- Customization of the model by user metrics
Optimization and integration of the model - 3rd week
- Selection of the most accurate machine learning models
- Optimization of the model to meet the planned accuracy indicators (from 95%)
- Optimization of the assortment matrix
- Integration with the client’s IT ecosystem
Possibilities
Customizable fields for changing the forecast horizon
Individual forecasting for each reseller partner
Fixing assortment requirements and the possibility of adding new products
Visual analytical reports
Integration with internal BI systems for data upload
The ability to customize analytical reports
Integrations
Sales Forecaster easily integrates into your IT ecosystem. From Excel to automated API integrations:
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Cleverbots
People are destined for creativity
leave the rest to artificial intelligence.
Our address
Goldcrest Executive Tower - Cluster C - JLT - Dubai
Contact phone
+971 55 689 1106
Email
info@cleverbots.ae
