Forrester analysis uncovered that one Prevedere customer experiences total benefits of $3 million and an ROI of 345% over three years.
Read this study to find out how a leading chemical manufacturer used Prevedere to improve the quality of regular forecasting, resulting in reduced inventory costs, and accurately anticipate international shifts saving millions of dollars.
Prevedere commissioned Forrester Consulting to conduct a Total Economic Impact™ study and examine the potential return on investment that enterprises may realize by utilizing Prevedere’s Intelligent Forecasting. Benefits for the customer interviewed include:
- 3-Year ROI of 345%
- Improved forecast accuracy reduced inventory write-off valued at over $2 million
- Improved forecast accuracy avoided costs of transporting raw material worth $204,677
- Reduced impact of exposure to international trade dynamics saved $721,262
- Total benefits of $3 million over three years
A Forrester Consulting Total Economic Impact™ Study Commissioned By Prevedere December 2020.
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.