Case Study: a company in the commodities sector improves forecasting accuracy by 50% with Indicio Technologies

How a company in the commodities sector improved their forecasting process and accuracy by more than 50%

The company, a large commodities sector manufacturer, faced a static and inefficient forecasting process that made it difficult to identify the most relevant leading indicators and required significant manual, administrative work. To address this, they turned to Indicio Technologies and its methodology for selecting and testing leading indicators.

By implementing Indicio's solution, the company gained the capacity to rapidly build and test over 45 multivariate models in under 15 minutes. This provided immediate feedback on which indicators to use, increasing forecast visibility and accuracy. As a result, Indicio helped the company achieve a more than 50% improvement in forecast accuracy, enabled forecasting for over ten global markets without increasing headcount, and successfully supported the organization's risk mitigation strategies.