Vehicle Forecast System for a Global Mobility Provider
The organization works with all major OEMs, 95% of the top Tier 1 suppliers, auto dealers, and financial institutions to provide insights that lead to more effective, profitable business decisions. They offer used vehicle sales and service information (CARFAX®); new vehicle sales and marketing services (automotiveMastermind®); strategy, planning, and products such as forecasts, dealer solutions, compliance, and market statistics; and access to experts.
Business Challenge
Customers craved forecasts at a level of granularity that legacy systems couldn’t handle, nor could the analyst support within the limited time available to produce them. They needed a powerful, efficient tool that could leverage the work of data scientists to effectively produce the forecasts required.
JRD Solution
To meet the organization’s requirements, JRD developed a suite of applications that allows forecast analysts to produce detailed vehicle forecasts for their clients.
Key Benefits
Customers can subscribe to forecasts that are much more detailed than before.
Analysts have a powerful tool that allows for forecasting:
- What vehicles will exist in the next 12 years?
- When will they be sold?
- Where will they be sold?
- Where will they be produced?
- What will the price be?
An efficient tool that enables simultaneous work across multiple markets at varying levels of aggregation, allowing one analyst to accomplish the work of many.