Articles
Forecasting Tea Auction Prices in India
The challenge As the second-largest producer in the world, India is in close competition with China and Kenya in the centuries-old trade of Tea. While the system of auctions provides...
Can Forecasting Add Concrete Value to Your Business?
How can AI-driven forecasting add concrete value to your business? The challenge The dynamics of the cement industry have changed over the past decade, and companies are looking to create value by...
Role of FORECAST Squared at Tea Auctions
The challenge Unlike most other industries, tea traders don’t directly deal with tea manufacturers. Instead, they bid to purchase their tea at the Colombo Tea Auction held each week....
Role of FORECAST Squared in Pharma
The challenge Organizations that import and distribute prescription drugs in Sri Lanka typically maintain a very large inventory, sometimes worth as much as several billion rupees. Apart from a...
Role of FORECAST Squared in CPG
The Challenge CPG companies frequently face the problem of not maintaining the optimal stock across the supply chain. This can lead to loss of sales that amounts to 100s of millions annuallyWhy...
Role of FORECAST Squared in Grocery Retail
The challenge Grocery retailers manage tens of thousands of SKUs across 100s of locations. Owing to this sheer scale and complexity, out of stock situations have become alarmingly common in the...
Role of FORECAST Squared in QSR
The challenge Quick Service Restaurants (QSRs) are exposed to very high levels of demand volatility. This impacts many facets of the business. Most notable outcome is very high food wastage...
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