- Sales, demand, revenue, orders or capacity need a forward-looking planning estimate.
- The business has enough usable historical observations for a defined target.
- A planning decision needs a documented forecast rather than an informal extension of recent trends.
Advanced Analytics
Forecasting & Planning
Use historical data to forecast sales, demand, revenue or another agreed measure, with assumptions and uncertainty explained to support planning.
THE QUESTION THIS SERVICE HELPS ANSWERWhat could future performance look like, and how can that support planning?
WHEN THIS SERVICE IS USEFUL
Use historical data and relevant patterns to make informed predictions about future outcomes.
Forecasting uses historical data to estimate future outcomes for a defined target and time horizon. The analysis examines underlying trends, patterns, relevant market variables and customer behavior to produce the most reliable forecast the available data can support.
- Is there enough relevant history to forecast the selected target responsibly?
- What trends, time-based patterns or seasonality are visible in the historical data?
- How should the forecasting approach be evaluated against held-out or historical periods?
- What uncertainty, assumptions or known business events should affect planning interpretation?
STANDARD SCOPE
What the fixed price covers
- One primary forecast target for one defined planning question and horizon
- Evaluation of an appropriate forecasting approach using the supplied historical data
- Reasonable segmentation or supporting analysis where it directly improves interpretation of the primary forecast
- Forecast output, uncertainty/limitations and planning interpretation
OUTSIDE STANDARD SCOPE
What should I do?
- Let's make a custom project
- Explain to us what you need and our analyst will support you in finding a solution
- You can also request for an online consultative meeting to discuss your project.
CUSTOM PROJECT
Need something different?
Contact Averidi before ordering when the project requires several independent forecast targets, a production forecasting system, ongoing automated forecasting, or materially separate scenario/modeling work.
Discuss your project ↗WHAT YOU'LL RECEIVE
Deliverables
- Forecast for the agreed target and horizon
- Forecast visualization
- Method, validation and assumption notes
- Business interpretation and planning implications
WHO IT'S FOR
Suitable for
- Businesses planning sales, demand, revenue, orders or capacity
- Teams with sufficient historical data for a defined forecasting question
WHAT WE NEED
Inputs
- Suitable historical data with a usable time field
- One clearly defined forecast target
- Required forecast horizon
- Planning context and known business events where relevant
HOW THE ANALYTICAL WORK IS APPROACHED
A method shaped around demystifying the data.
Historical data can provide a structured basis for estimating future values when there is enough relevant history. The standard service focuses on one forecast target and the planning decision it needs to support.
01Define target and horizon
Specify exactly what is being forecast, at what frequency and how far ahead the planning decision requires.
02Evaluate the approach
Use validation appropriate to the available time series instead of presenting an unexplained future line.
03Communicate uncertainty
Explain assumptions, limitations and planning implications so the forecast is used as an estimate rather than a guarantee.
WORK INCLUDED WHERE RELEVANT TO THE AGREED SCOPE
- Confirm the forecast target, horizon and planning use
- Review historical coverage, frequency and patterns
- Prepare the relevant time-series data
- Build and evaluate an appropriate forecasting approach
- Explain uncertainty, assumptions and planning implications
HOW THE PROJECT MOVES
Review before commencement.
Ordering does not silently move straight into analysis. Averidi reviews the project first and keeps the confirmed timeline visible in the workspace.
01Order
Place the order and provide the project details.
02Data & payment
Add available data and complete any required one-time payment.
03Project review
We review the scope, information and available data.
04Clarify if needed
If something is unclear, we contact you before work begins.
05Commence
You receive a commencement notification and confirmed deadline.
06Analyze & deliver
We complete the work, quality checks and agreed deliverable.
CAPABILITIES
What can sit inside this service.
The work is focused on finding the right solution for the customer. Our analyst takes a deeper look at the data to identify what useful information can be obtained from it and advise the customer on the best way forward.
01Sales forecasting✓
02Demand forecasting✓
03Revenue forecasting✓
04Forecast evaluation✓
05Scenario and sensitivity interpretation✓
SERVICE FAQ
Questions to settle before ordering.
How much historical data do I need for forecasting?+
There is no universal row or month threshold. Suitability depends on the target, frequency, horizon, stability and patterns in the history. The supplied data is reviewed before the forecast is relied on.
Does a forecast guarantee future sales or demand?+
No. Forecasts are estimates based on historical information, assumptions and the chosen method. Actual results can differ because business conditions and future events change.
Can the standard service forecast several unrelated targets?+
The standard scope covers one primary forecast target for one planning question and horizon. Several independent targets or a production forecasting system require a broader scope.
NEXT STEP
Start with Forecasting & Planning.
Review the scope, or use the Service Finder if you are still deciding which service fits the project.