Business Forecasting can be defined as putting a range of inputs and historical data through advanced analytical algorithms to obtain insights on business outcomes.
This information has a wide-range of applications — from deciding whether it is profitable to enter a new market or not, to launching a new product at the most opportune time, to preemptively preparing for possible stockouts.
While business intelligence reveals what is happening today and why, business forecasting is geared towards revealing what is most likely to occur for a foreseeable period ahead.
Is it possible to develop forecasts that bring a degree of certainty during a highly uncertain COVID-19 pandemic?
(We did it for a hospital product, take a look)
Can a forecasting model be developed that accounts for numerous scenarios, with probabilities for any specific scenario?
(We did it for a pharmaceutical giant, take a look)
Can wastage and losses due to obsolete inventory be reduced?
(We did it for renowned retail brand, take a look)
Forecasts may be generated to predict potential revenues, number of transactions, number of visits, footfall, and a range of other business outcomes.
Organizations can use analytics to avoid overestimating or underestimating. With growing competition, a more reliable forecast may be just the edge your business needs!
Using data from disparate sources, Aspect Ratio’s bespoke solutions allow customers to see future outcomes from multiple perspectives, with insights into most likely scenarios as well as black swan events.
An end-to-end solution managed by Aspect Ratio, guided by your key questions
Our team would work closely with you to set up and manage the forecasting system, the perfect combination of business expertise and forecasting experience
We offer our expertise in creating robust forecasting strategies and models as per your needs — a more standalone solution which can be integrated into your existing architecture
“I am highly impressed with the calibre of the talent at Aspect Ratio, particularly their core forecasting skills and ability to generate customized quantitative models as well as the very thorough process they utilize to integrate market insights into product forecast projections. Their attention to detail and swift turnaround of commercial assessment forecasts has been truly invaluable to our organization. I would highly recommend the Aspect Ratio team and their forecasting services.”
– Brent Connelly
Executive Director, Global Commercial Assessment, Merck & Co. Inc.
(2010-2021)
“We selected Aspect Ratio as our partner in commercial forecasting many years ago now and have never looked back. Our partnership continues to grow. I appreciate their no-nonsense way to solve analytical problems.”
– Randy Wilp
Executive Director, Merck & Co. Inc.
(2011-2021)
A perfect blend of energetic professionals handpicked from premier B-Schools and Engineering Institutes that are focused on value-driven results, and thought leaders seasoned in optimization and rapid expansion.
An advantage of being a bespoke solution provider is that we customize the user experience and user interface to what you and your teams are accustomed to. No steep learning curve, get right into forecasting.
Platform-agnostic solutions allow for seamless integration, with data easily pulled from a host of ERP, CRM, HCM, or other similar platforms and integrations.
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Experiment with variables, outcomes, and infinite ‘what-if’ scenarios. Our forecasting solutions can deliver range forecasts built to the same specifications as your point forecasts. With sensitivity analysis, we can help you identify which are the key levers affecting your business outcomes of interest.
Scope may be as broad as a country or as granular as a specific business location. Move seamlessly from top-down market views to bottom-up operational details.
Our solutions are the result of over two decades of research, experience, and technological developments.
We bring to the table the ability to optimize all aspects of the forecasting solution — from ingesting and cleansing, to segmenting and analyzing, to finally forecasting.
Robust automation allows for our solutions to continuously learn from tens of thousands of data points — historical and real time as well as internal and external — and provide live forecasts.
With ever increasing data being created, leverage our analytics and forecasting solutions to make the most of it.
We will help you identify the right metrics and their current and future impact.
Let’s open a conversation on how Aspect Ratio can give your organization a competitive edge.
