Tag : sales forecast

6 Jul 2017

4 tips for improved sales forecast accuracy

We already discussed how important sales forecasting is to any business, not matter B2C or B2B. Proper forecasting is an efficiency booster since it is enabling proper recourses planning like staff, stock, financials, logistics, production, etc. This is especially important for businesses producing limited shelf life products.

One single KPI makes the sales forecasting good or bad. It is the accuracy. The accuracy is the crucial indicator paving any business plan to the road of success or failure. In this blog post, our data analytics team at A4E is sharing tips and hints on how to boost your sales forecasting accuracy.

31 Oct 2016

6 key benefits of predictive data analytics

Data analytics has huge potential to predict and forecast future performance and this is already proven in big companies full of historical data. With the declining cost of computation, the mathematical wizardry of predictive data analytics is already at arm`s length for small and medium enterprises lacking the resources of the big players.

24 Oct 2016

5 real-life application of energy data analytics

From the Facebook ability to curate information flow designed for you, to the ability to read the human genome, modern data analytics has a lot of applications in different forms and shapes. So does the energy sector.

Businesses can apply analytics for reaching insights into every process and to explore optimization opportunities. Starting with better-managed operations to the demand side of commercial channels but analytics also is opening a lot of new opportunities related to smart grids, smart homes, renewable energy, etc. Since at A4E we are tempted by all things analytics, in this blog post we share real-life application of energy data analytics.

17 Oct 2016

4 furniture industry trends worth to keep an eye on

Important trends rarely happens overnight and furniture industry is no exclusion. Overall the market is on the rise with constant growth, esp. on matured markets. The healthy market definitely is good news for furniture retailers and stores, who are a main branch in the selling cycle of the industry. But there are few crucial trends that decision makers should keep an eye on.

18 Jul 2016

Actionable data analytics: Multichannel marketing strategy optimization

Volume retailers have something in common. A huge amount of data in a couple of directions – customers and products. They are the key foundations of marketing strategy optimization when you have to launch a new product, bundle or a promotion.

Is there a way to maximize multichannel marketing efforts?

Actionable data analytics is doing exactly this. Through different data techniques and approaches, there is an opportunity to extract the maximum. Such optimization is not just possible, it’s a must.