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In this fast-moving automotive sector, flexibility is key in navigating your way to success and ensuring your organization can adapt with agility. With the right forecast, find out what's driving your market and be equipped to detect and plan for market trend shifts earlier than before.
New technology development and environmental policies are leading to the proliferation of new automobile variants and a shift towards efficient ways of commuting.
Social trends such as micro-mobility, car-sharing would also drive your next strategic move. But that's only one piece of the puzzle.
What you want is to generate the most accurate forecast that takes not only these social trends, but also both your internal data and macroeconomic variables into consideration.
Increasing your forecast accuracy will put you in the driver's seat to improve your organization's ability to detect and plan for new trends in advance.
New technology development and environmental policies are leading to the proliferation of new automobile variants. Hot on the tongue of most in the automotive industry is electrification.
On-demand customers are sensitive to
As this customer sector increases, it's pertinent that your team can accurately forecast both the high- and low seasons accurately. One of the challenges is having the right fleet for on-demand.s
The advent of big data has not only improved the end-user experience but also improved supply chain efficiency. Scenario analysis
What are the factors driving accurate market share forecasting? To secure your market share, your team might be exploring subscription revenue streams, new technology development, and looking for new, novel ways to capture new markets.
Challenge
Minimize forecast error margin, and extend coverage of more markets for both demand and production.
Solution
Using Indicio, there is now a continuous forecasting minimized error margin, they've identified new and stronger market leading indicators, improving forecast accuracy, and have established a structured forecasting process for all markets.
Using Indicio, organizations can easily detect the leading indicators driving sales/market development and apply econometric forecast models on the indicators identified. Built for both decision makers and analysts to easily generate forecasts in order to optimize capacity planning.
Leverage on econometric models to capture interdependencies between your leading indicators and their influence on your sales.
Easy to use and seamless team onboarding
Test different scenarios where you suspect a potential shift in your market drivers
Get seamless access to data provided by our integrated data suppliers like FRED, OECD, etc.
Whether your goal is to increase market share or safeguard against volatility,
the road to making decisions confidently lies in generating accurate forecasts you can trust.
Learn how to grow and establish your market position
in these uncertain times.