Demand Forecasting

Tesco, one of UK’s leading grocers, had the need to further emphasize on a promotional-based strategy, which made them choose Oracle Retail Demand Forecasting and Veltio as their system integrator of choice due to our strong consulting leadership combined with best-in-class technology.

In order to meet efficiently and accurately the Demand Forecasting needs, Tesco has been partnered with Veltio, on multiple projects dating back to 2005. 

Veltio’s consulting team supplied Tesco with a unique RDF solution-driven by science and engineered for maximum ROI. 

The numbers

Groceries market share in UK, IRL, HU, THAI
Annual Revenue

The results

Veltio provided automation in the client’s Global Data Quality, which enabled increase in efficiency and user productivity in the plan approval process within Tesco. 

The Demand Forecasting system now includes newly created data items to provide more robust forecasting. The system accounts for additional metrics such as the size reward, open/close dates, etc. 

Veltio principal team emphasized alignment between sub-domains and the buyer hierarchy while Veltio Technical Consulting team provided support on back end operations. 

Lastly, custom-built support mechanisms were put in place to ensure RDF would be used to its maximum benefit.