Sales Forecasting: Case Study
Predicting sales with machine learning is the key to a successful customer experience. Find out the steps of setting up a sales forecast and the estimated ROI in mass distribution.
Deploying an artificial intelligence solution to improve sales forecasting allows you to meet the demands of your customers. By forecasting sales more efficiently, you ensure the availability of products in store to cover all your customers' replenishment needs. In this way, you systematically create a satisfying customer experience in your store.
Thanks to its business expertise, Verteego takes into account the constraints of each pole of the production and distribution chain. Saving time, increasing accuracy and increasing ROI, find in this case study, the steps of implementation of a promotional sales forecasting solution for a major retailer.
Determine sales trends by context
Christmas Holidays, Black Friday, special sales, our highly trained predictive models will help you in your decision making process for all the promotional activities of the year.
- Control your HR costs
- Improve customer satisfaction
- Reduce your out-of-stock in POS, drive and e-commerce
- Control your storage costs
- Optimize the freshness of your products
- Stop food waste
- Optimize your logistics costs
Prévision des ventes et optimisation de la trésorerie : étude de cas retail
Piloter efficacement sa trésorerie implique d'anticiper ses flux financiers entrants et plus particulièrement les ventes en magasin physique ou e-commerce. La forte fluctuation de la demande peut parfois déstabiliser certains modèles de prévisions classiques jusqu'à les rendre imprécis.
La capacité des entreprises du retail à prédire la demande avec précision est mise à mal par le contexte dans lequel s’intègrent les ventes, comme lors du confinement, mis en place dans le cadre de la lutte contre la COVID 19. Dans quelle mesure les acteurs du retail peuvent-ils se fier à des outils/méthodes statistiques traditionnelles dans un contexte versatile ? De quels outils disposent-ils pour anticiper les fluctuations de la demande liées au fait que les voyageurs ne se rendent plus en point de vente ?
Un acteur international de retail s’est adressé à Verteego pour déterminer la pertinence de l’utilisation du machine learning dans la prédiction des flux financiers dans son activité. L’enjeu était de prévoir sur une période de 12 mois glissants les entrées de cash et donc plus particulièrement les ventes et la nature des paiements, dans les 50 points de vente de l’entreprise dans un aéroport en Suisse.
Forecasting sales in your industry
Find out how our solutions can be applied to your business.
Machine learning and sales forecasting
Why is machine learning an indispensable technology in sales forecasting? How and why should it be implemented in a sales strategy?
Forecasting methods have been strongly disrupted in recent years with the advent of machine learning and intelligent predictive models to address many business issues. It is now easier to optimize strategic flows thanks to the power of artificial intelligence. Many leading companies in their market have understood this and have decided, thanks to this new precision tool, to take the road to perfect omnicanality.
Sales forecast and COVID-19.
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How to improve the sales accuracy during the Covid-19 phase? uses cases and traditional methods. The learning machine in times of sanitary crisis.
The stages of sales forecasting by Verteego
Verteego assists you in the implementation of a machine learning solution to optimize your sales forecasting strategy.
Customized definition of needs
Verteego accompanies you in the definition of your business needs and objectives by adapting its solution to your sales forecast.
Implementation of Verteego's solution
Thanks to its scalable SaaS platform, Verteego allows you to efficiently and securely gather your data.
Support from A to Z
From the first meeting to the generation of sales forecasts, Verteego's teams are with you from the first meeting to the generation of sales forecasts.
Sales forecasting for your efficiency
Use the predictive power of the learning machine to predict your sales. Your data is valuable and can help you anticipate your actions from production to distribution. Artificial intelligence allows you to be more efficient when processing your data and free your teams from time-consuming tasks. Improve your responsiveness when making strategic decisions with Verteego's experience in sales forecasting optimization.