For optimal planning, prices must be reliably predictable in the medium and long term. The aim is to quickly identify trend reversals, because even small price increases and decreases, for example in the purchase of raw materials, generate great cost-saving potential. How will prices develop in the future?
Depending on the research question, related influencing factors are determined and forecasts generated for the next few months. A scenario analysis enables a simulation of price developments over a mid-to-long-term horizon, whereby dependencies between prices and influencing factors are systematically taken into account. Expected, best and worst case scenarios can be derived.
Are you interested in one of our use cases and would like to discuss it with Tina Geisberger? Contact her to find out how we can assist you.
Senior Account Manager - Tina's passion and expertise are use cases and she is eager to work with you to specify which of our use cases fit your situation. Through her years of professional experience, she knows how important it is to listen carefully to find out how our predictive analytics solutions can simplify your day-to-day work. She is extremely solution-oriented and welcomes any challenge - what does yours look like?