Data Based Forecasting

Data Based Forecasting entails coordinated product demand and sales forecasting across ordering, staffing and production. This means you serve fresher food, waste less and have the right people working at the right time.

We bring together data, AI and technology to forecast product sales and integrate these forecasts to other operations processes. We use trading history, location factors, weather, holidays, events and other parameters that affect your business. Our framework produces product forecasts and manages their use across:

•  Ordering (which ingredients)
•  Staffing (how products will be delivered by which roles)
•  Production (timing for preparation and delivery)

Data Based Forecasting is flexible and works alongside your existing systems.

• Multi-site retail / hospitality chains
• Service led organisations looking to improve operations and customer experience
• Stores offering multiple products with on-site production
• Stores offering fresh products with perishable ingredients

• No more spreadsheets and disparate systems
• Increased staff productivity – right roles at the right time
• Increased product availability and optimised waste levels
• Improved product freshness – right products at the right time
• Higher customer satisfaction – faster service with fresher products
• Improved profitability

Data Based Forecasting is delivered by Algospark, specialists in design and delivery of analytics and artificial intelligence solutions.

• Designed and delivered to fit with your bespoke requirements
• Delivered as a flexible platform that interfaces with other systems
• Flexible hosting and support model to fit your technology requirements

Gail’s Bakery use Data Based Forecasting for product sales forecasting to drive operational efficiency across their stores. Our coordinated approach has helped drive sales growth with better product availability, fresher food and lower waste levels.