Lowered Transportation Expenses With Demand Forecasting

Challenge

Japan's premier transportation company sought to significantly lower transportation costs through precise demand forecasting. The objective was to maintain operations only in stores where there was a clear projection of future demand.

Solution

Leveraging the advanced multi-algorithm time-series forecasting capabilities of Findability Platform, the company was able to accurately predict:

• A 45-day advance forecast of package volumes to be transported across 18 specific location pairs.
• The overall volume of packages to be moved throughout Japan.

These accurate daily predictions of package volumes enabled the client to efficiently allocate their fleet, optimizing both vehicle usage and store operations. This strategic approach not only enhanced customer satisfaction but also ensured high accuracy in forecasting for both specific routes and nationwide operations.

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