Quick Links Graphic Business Forecasting
Quick Links Graphic Business Forecasting

What Is
Business
Forecasting

Business Forecasting can be defined as putting a range of inputs and historical data through advanced analytical algorithms to obtain insights on business outcomes.

This information has a wide-range of applications — from deciding whether it is profitable to enter a new market or not, to launching a new product at the most opportune time, to preemptively preparing for possible stockouts.

While business intelligence reveals what is happening today and why, business forecasting is geared towards revealing what is most likely to occur for a foreseeable period ahead.

Is it possible to develop forecasts that bring a degree of certainty during a highly uncertain COVID-19 pandemic?

(We did it for a hospital product, take a look)

Can a forecasting model be developed that accounts for numerous scenarios, with probabilities for any specific scenario? 

(We did it for a pharmaceutical giant, take a look)

Can wastage and losses due to obsolete inventory be reduced? 

(We did it for renowned retail brand, take a look)

Aspect Ratio puts a wide and diverse range of inputs and historical data through advanced business forecasting algorithms to obtain beneficial and immediately actionable insights

Forecasts may be generated to predict potential revenues, number of transactions, number of visits, footfall, and a range of other business outcomes.

Organizations can use analytics to avoid overestimating or underestimating. With growing competition, a more reliable forecast may be just the edge your business needs!

Using data from disparate sources, Aspect Ratio’s bespoke solutions allow customers to see future outcomes from multiple perspectives, with insights into most likely scenarios as well as black swan events.

Aspect Ratio's Forecasting Solutions

Fully Managed Business Forecasting As A Service Aspect Ratio

Fully Managed
Forecasting As A Service

An end-to-end solution managed by Aspect Ratio, guided by your key questions

Center Of Excellence Business Forecasting Solution/Service Aspect Ratio

Center
of Excellence

Our team would work closely with you to set up and manage the forecasting system, the perfect combination of business expertise and forecasting experience

Custom/Bespoke Design and Deploy Business Forecasting Solution/Service Aspect Ratio

Design
And Deploy

We offer our expertise in creating robust forecasting strategies and models as per your needs — a more standalone solution which can be integrated into your existing architecture

Business Forecasting's
Benefits
And Effects

  • Determine Marketing Goals: Setting goals and tracking progress with forecasts helps in staying on course and make amendments, if required, to achieve these goals.
  • Financial Planning: Business Forecasting can provide crucial insights into the long-term and short-term requirements of resources.
  • Enhanced Supply Chain: Forecasting the requirement of resources at different stages of the supply chain helps weed out bottlenecks, ensuring smooth process flow and makes the supply chain more efficient.
  • Improved Coordination: When all stakeholders have a common objective in the form of business forecasts and the associated planning, there is better coordination and communication, resulting in synergies.
  • Mitigates Risk: Business Forecasting insulates businesses from risks associated with fluctuating demand as management would be better equipped to anticipate the same.
  • Better Decision Making: Business Forecasting helps understand probabilities associated with different outcomes and facilitates decision making.

“I am highly impressed with the calibre of the talent at Aspect Ratio, particularly their core forecasting skills and ability to generate customized quantitative models as well as the very thorough process they utilize to integrate market insights into product forecast projections.  Their attention to detail and swift turnaround of commercial assessment forecasts has been truly invaluable to our organization.  I would highly recommend the Aspect Ratio team and their forecasting services.”

– Brent Connelly

Executive Director, Global Commercial Assessment, Merck & Co. Inc.

(2010-2021)

“We selected Aspect Ratio as our partner in commercial forecasting many years ago now and have never looked back. Our partnership continues to grow. I appreciate their no-nonsense way to solve analytical problems.”

– Randy Wilp

Executive Director, Merck & Co. Inc.

(2011-2021)

Why
Aspect Ratio

A perfect blend of young and driven professionals, with highly honored thought leaders at Aspect Ratio for Advanced Analytics, Business Forecasting, Process Automation, Market Intelligence, and Business Intelligence

The Young And The

Experienced

A perfect blend of energetic professionals handpicked from premier B-Schools and Engineering Institutes that are focused on value-driven results, and thought leaders seasoned in optimization and rapid expansion.

Cost

Effective

Solutions

Lean operations coupled with a focus on delivery within the quickest turnaround times results in lower overheads. These benefits are passed on to clients as significant cost savings.

Customization

Galore

An advantage of being a bespoke solution provider is that we customize the user experience and user interface to what you and your teams are accustomed to. No steep learning curve, get right into forecasting.

Platform-agnostic solutions allow for seamless integration, with data easily pulled from a host of ERP, CRM, HCM, or other similar platforms and integrations.

Platform-agnostic bespoke Advanced Analytics, Business Forecasting, Process Automation, and Market and Business Intelligence solutions from Aspect Ratio

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Your Very Own

Business Sandbox

Experiment with variables, outcomes, and infinite ‘what-if’ scenarios. Our forecasting solutions can deliver range forecasts built to the same specifications as your point forecasts. With sensitivity analysis, we can help you identify which are the key levers affecting your business outcomes of interest.

Experiment and visualize near countless 'what-if' scenarios with Aspect Ratio's Business Forecasting solutions

It's All

One

Gone are the days when critical information is buried under umpteen Excel sheets or email inboxes, and crucially out of view of decision makers. Our solutions allow for unmitigated version control with a singular view for every report. The result is error-free forecasting with unified decision making, enabling business heads to take ownership of their projections and employees to adopt a culture of data literacy.
All-in-one cloud solutions that solves version control as well as other commonly encountered problems

Zoom In Or

Zoom Out

Scope may be as broad as a country or as granular as a specific business location. Move seamlessly from top-down market views to bottom-up operational details.

View a business from all angles with unmatched clarity and accuracy
Process Automation from Aspect Ratio helps our Business Forecasting solutions to continuously learn from thousands of data points

Well Oiled

Prediction Machine

Our solutions are the result of over two decades of research, experience, and technological developments.

We bring to the table the ability to optimize all aspects of the forecasting solution — from ingesting and cleansing, to segmenting and analyzing, to finally forecasting.

Robust automation allows for our solutions to continuously learn from tens of thousands of data points — historical and real time as well as internal and external — and provide live forecasts.

Process Automation from Aspect Ratio helps our Business Forecasting solutions to continuously learn from thousands of data points

Not Gatekeepers Of Any

Black Box

Clients are provided full access to the entire solution - algorithms and code. With us you never hear
“Sorry, it‘s all proprietary code”.
Full access to code and logic at Aspect Ratio, no black box approach
A plethora of advanced algorithms, tools, technologies, and solutions are deployed to identify the right metrics and their current and future impact on an organization's business

Big Data

Bigger Picture

With ever increasing data being created, leverage our analytics and forecasting solutions to make the most of it.

We will help you identify the right metrics and their current and future impact.

Have A Challenging

Requirement?

Let’s open a conversation on how Aspect Ratio can give your organization a competitive edge.

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