Demand Forecasting Solution

How can forecasting demand help your sector?

Policing:
Forecasting incidents of crime, including type of crime

Local Authorities:
Forecasting council tax arrears, demand for social care services or unplanned asset maintenance and repair

Social Housing:
Forecasting rent arrears, demand for housing or housing applications

NHS:
Forecasting A&E admissions, demand for specialist healthcare requests

Demand forecasting solutions help organisations understand how demand for their services is likely to change in the future, in order to make informed decisions around planning and allocation of resources.

Without a way of forecasting demand, we often see organisations relying on experienced employees to make judgement-based decisions based on historic data. Whilst this can be effective to a degree, forecasting demand will allow you to make objective and data-based decisions to supplement human decision-making.

This will then allow your organisation to make informed choices around planning and allocation of resources, meaning you get the most out of your resources and can work on impactful projects efficiently.

Benefits and Deliverables

Our Demand Forecasting solution consists of a number of deliverables to ensure you get the most out of your data and predictions, including visual reports and training. The full solution deliverables are:

• Machine Learning model to forecast demand hosted in Azure
• Power BI reports to visualise predictions
• Solution document, user guide and training handover sessions to facilitate adoption
• Optional extras such as data modelling/engineering, Azure platform design and development, and further bespoke customisation.

As a result, your organisation can benefit from an objective forecast of demands specific to your needs, meaning you can allocate resources effectively and predict the future of your organisation. You can drill down to a granular level on your Power BI reports to aggregate trends and explore your data in a new way, which opens up the possibility of using it to test hypotheses and further your data-driven decision making.

Why Simpson Associates

Simpson Associates are a leading Data Analytics Consultancy and Managed Services Provider, specialising in data management and data performance for over 30 years; we help organisations get the most value out of their data in order to make better data-driven decisions. We’re a Microsoft Solutions Partner in Data & AI, Infrastructure, and Digital & App Innovation, with an Advanced Specialisation in Analytics on Azure.

Next Steps

To learn more about our Demand Forecasting Solution, book a free consultation with us today.