An introduction to commodity price prediction
In the face of current market volatility and economic uncertainty, business leaders are attempting to make sense of these impacts on supply chain and manufacturing cycles. Commodity price prediction models allow companies to proactively plan for economic changes before they negatively impact their business.
Understanding the dynamics of commodities supply and pricing is critical to planning and resourcing. This explainer video introduces commodity price econometric models and how Prevedere enables the market-validation of forecasting through AI based predictions.
This explainer dives into commodity price prediction modeling and answers:
- What is a commodity price prediction model?
- How are these models created?
- Which business verticals can utilize these models?
- How do these models improve businesses?
Watch the explainer video to learn more.
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About Prevedere, Inc.
Prevedere is a predictive analytics software company that delivers insights into future business outcomes based on current economic trends. Our predictive economic intelligence helps executives see what lies ahead for their business and solve for upcoming risks and opportunities. Our SaaS solutions apply the power of machine learning and predictive modeling to more than 2.5 million indicators of global economic and consumer activity. Prevedere customers include Fortune 500 industry leaders in retail, manufacturing, and consumer packaged goods. To learn more, visit www.prevedere.comand follow @Prevedere on Twitter.