Problem Statement
A leading company faced challenges with its sales forecasting team spending 100+ man months per year with a team of 60+ members on data retrieval and manual analysis.
The team was often bogged down by inconsistent data across various products, leading to suboptimal forecasting accuracy.
The company needed a solution to streamline the forecasting process, allowing the team to focus on strategic decision-making rather than data fetching and processing.
Solution Implemented
- PAI Chatbot deployed in Microsoft Teams for data visualization.
- Integrated with Copilot for enhanced data interaction.
- Multi-algorithm approach: Holt-Winters, Neural Networks, ETS, ARIMA.
- Customized forecasting models based on product category performance.
- Rolling forecasts and comparative trend analysis for the sales team.
- Focused sales strategy on high-margin products, improving performance.
Any Challenges ?
Our Industry Experts can solve your problem.