Demand forecasting: 25%+ increase in number of days 95% accuracy achieved
Our client was a high turnover/low margin food supply business. How could they improve their demand forecasting to increase profit through reduced waste and optimised warehouse and haulage use?
Predictive models delivered in 3 weeks
Over just three weeks, we worked closely with the client to understand how factors like holidays, events, weather, trends and news affected demand. We then used this data to train a machine-learning model for each product sold. Performance was measured against metrics allowing direct comparison with their current forecasting.
We loved working with the client on this project—and are happy to have made a real impact on their business.
Tom Nicholls, Chief Commercial Officer at Datasparq
How can Datasparq help you?
The end-to-end AI & data transformation company
Datasparq is an end-to-end AI & data transformation company. We help enterprises tackle complex, high-value business challenges using AI. Working as an integrated partner, we help the world’s best-known companies navigate the threats & opportunities of AI by designing, building and running cutting-edge solutions.
What makes Datasparq different?
- We’re practitioners—not PowerPointers. Our clients don’t just get a slide deck—in fact, we pride ourselves on getting things done. Our clients count on us to help them end-to-end—from finding ways to unlock the value in their data, to delivering and managing the finished product.
- Where data science meets design thinking. Our clients only get the A-team. We build bespoke, world-class teams for every unique challenge; carefully considering operational factors and putting end-users first. That’s where our SparQshop sessions come in.
- We’re here for people and the planet—not just profit. We’re part of the story about AI as a force for good. That means creating ethical, explainable AI that helps build a better world for everyone.