The demand for electric vehicles is a given - the course seems clear for growth and is growing at a feverish pace.
Business forecasting has never been trouble free, and the current circumstances have made it harder than ever. Between 2006 and 2020, vehicle registrations followed a clear pattern, only slightly affected by the conjuncture.
Finding what affects your markets is an arduous task. At Indicio, we have had discussions throughout the years with many industrial forecasters, supply chain managers, strategic planners, and one thing stuck out: the very common usage of correlation analysis to find relevant indicators.
Traditionally, organizations have depended on operational forecasting done by S&OP, and its bottom-up approach. Is there a better way?
We uncover the new drivers of inflation post covid
We recently did a case study together with one of the major truck manufacturers on the number of registered commercial vehicles in Europe using the Indicio forecasting platform.
I often stumble across professionals working closely with the market which explains the dynamics and drivers of the market with a story.
Over the last few decades, structural changes have affected the drivers of inflation, from domestic factors on which central banks normally focus, such as wages, productivity and inflation expectations, to more global factors.
Can you imagine efficiently improving your forecast accuracy by at least 40%? The first step to getting there is identifying the leading indicators specific to your organization.