GET A BETTER SENSE OF YOUR DEMAND DRIVERS
Track & Analyze the Impact of External Factors on Your Demand.
Arkieva Causal Forecasting Solution
Discover External Factors that Impact Your Forecasts
Your business is affected by many external factors that impact your demand forecasts. For example, a mild winter or new legislation could mean an unexpected inflection in sales. Unfortunately, traditional forecasting methods often fail to account for external unexpected changes in sales patterns.
Experience Pain-Free Causal Forecasting with Macroeconomic Indicators.
At Arkieva, we understand that your business doesn’t operate in isolation – unaffected by macroeconomic indicators. The Arkieva Causal Forecasting Analysis solution goes beyond traditional and internal forecasting factors by considering external macroeconomic indicators that are relevant to your business. Create a measurable, pain-free macroeconomic forecasting process to stay ahead of the curve.
Gain Access to A Database Of 2 Million Leading Indicators
Match your internal metrics with the data in our data pool and save time discovering underlying trends influencing your business cycles. Define correlations for improving your demand planning practices.
Intuitive Algorithms
Advanced predictive analytics help you reveal which indicators are relevant for your business. Using intuitive algorithms, the Arkieva Causal Forecasting solution helps you save money and time by delivering better forecasting models.
External Factors that Can Affect Sales
See a Product Tour of the Arkieva Demand Planning Solution
Get a Full Picture View of Your Demand Forecasts
Meet Changing Market Conditions
Adjust short-term sales forecasts, raw materials procurement, production plans and distribution plans to meet changing market conditions.
Reveal Weather Impact on Sales
Adjust forecasts based on weather changes and natural calamities. Easily quantify the impact of weather on your sales and manage the financial impact of changing weather conditions.
Discover Underlying Trends
Match your internal metrics with macroeconomic indicators and save time discovering underlying trends and correlations influencing your business.
Identify Promotions and Events that Affect Sales
Gain insight into how promotions and events affect your sales to ensure the best ROI.
Experience a 30% Reduction in Forecasting Errors
Improve forecast accuracy with a reduction in forecasting errors by analyzing all demand drivers.
Find the Best-fit Forecasting Method
Determine the best-fit forecasting method by factoring in all leading indicators or external factors using the causal forecasting solution at any data hierarchy or aggregation level.
FEATURED WEBINAR:
4-STEPS TO BUILDING A PLANNING DEFENSE SYSTEM
Learn how to identify early warning indicators that can be used to prevent problems, how to take proper actions to mitigate risks and create a better demand management process.
Arkieva Causal Forecasting Method
To help you easily include external macroeconomic factors into your demand planning process, our causal forecasting solution implementation methodology follows three distinct steps to ensure success.
1. Leading Indicator Scan
Leading Indicator Scan
The Arkieva Macroeconomic forecasting process starts off with a data cleanse that removes all promotional effects, seasonality, and events (acquisitions, mergers). After the cleanse, the data is processed using the Arkieva Causal Forecasting solution.
2. Pilot
Pilot
During the pilot or follow-up period, we focus on gaining a better understanding of the selected subset of indicators to get a deeper notion of their behavior and future evolution. To accomplish this we build what-if scenarios for analyzing different outcomes, then validate and benchmark the leading indicator forecasts with current forecasting methods and market intelligence
3. Go-Live
3. Go-Live
After the initial pilot phase of paying close attention to the pattern the indicators follow, we are now ready to go live. Discover an improved demand planning process with integrated microeconomic indicators. Easily monitor, update and receive change notifications.
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