As the ADAMftd platform is being developed, we are thrilled to introduce the future of price forecasting, which aims to revolutionize how businesses and governments approach global trade.
By leveraging advanced analytics and machine learning, we intend to provide accurate forecasts of various factors that influence the global trade landscape, thereby assisting stakeholders in making informed decisions and adapting to shifting market conditions.
Here’s an overview of the forecasts we aim to provide:
- Price: Analyzing product prices by region, country, season, and company to optimize pricing strategies for businesses.
- Demand: The evaluation of geographic demand in terms of quantities, seasonality, and consumer or supplier preferences in order to inform production and marketing decisions.
- Exchange Rates: Forecasting changes in exchange rates to assist businesses with currency hedging strategies and governments with the management of national currencies.
- Market size: Estimating the number of buyers and sellers in the market, offering insights into market competition and potential opportunities.
- Route capacity: Evaluating port and shipping capacities to inform transportation and logistics planning.
- Geographical Issues: Assessing the impact of climate change, natural disasters, war, and geopolitics on international trade, and assisting businesses in preparing for potential disruptions.
- Tariffs and Trade Barriers: forecasting changes in tariffs and trade barriers to aid businesses in pricing and marketing strategy planning.
- “What If” scenarios: Exploring the implications of various hypothetical situations, such as product unavailability due to climate crisis, natural disasters, or conflict, to help exporters understand potential market opportunities and risks.
With the future forecasting capabilities of the ADAMftd platform, we intend to provide businesses and governments with the tools necessary to anticipate changes in the global trade environment, enabling them to make informed decisions and proactively adapt to new challenges and opportunities.