Development of sales and market forecast for tool and equipment hire PLC

Client description

  • Major tools and equipment hire company.

Project objectives

  • To develop a model to forecast company sales by product group.
  • To develop a model to forecast construction output by sector.

How we met the objectives

  • Developed causal forecasting model which linked various economic and construction variables to construction output in each sector.
  • Developed sales forecasting model for client based mainly on construction output  forecasts developed in the previous step.

Benefits for the client

  • Both models used as key inputs to budgeting process.
  • Models used to test a series of “what if” scenarios.