Case Study: a leading logistics company improves global forecasting with Prevedere

Leading Logistics Company - Customer Case Study

The leading logistics company faced a significant challenge in planning for 2021, as the pandemic had rendered its historical demand models obsolete. Its Market Insights team needed to quickly identify new economic leading indicators and create multiple scenario forecasts to mitigate risk, but lacked the resources. The company partnered with Prevedere and its AI/ML forecasting solution to address this.

Prevedere's solution rapidly identified key external indicators and built tested forecast models for global container volumes. This provided the logistics company with data-driven scenario forecasts that could be updated monthly. As a result, the insights team achieved greater than 97% confidence in the signals used and reduced the time to build major forecasts from months to just four weeks, enabling faster, more informed planning across the organization.