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AI & ML
Consumer Goods

Meridian Forecast Engine

Demand forecasting that lifted accuracy 21 points.

Client
Meridian CPG
Delivered
2024 · 5 months
Team
7 specialists
Category
AI & ML
Overview

What we built

Replaced spreadsheet forecasting with a hierarchical ML pipeline that plans 8,400 SKUs across 26 countries.

Business impact

Outcomes that moved the P&L

+0 pts
Accuracy lift
0
SKUs planned
0%
Cycle time
₹0 Cr
Capital freed

The challenge

  • Forecast accuracy stuck at 61% weighted MAPE despite six analysts.
  • Plans took 9 days to produce and were stale on arrival.
  • Stockouts and write-offs both trending in the wrong direction.

How we approached it

  • Built a hierarchical forecast reconciled at SKU, region and channel.
  • Combined statistical baselines with gradient boosting for uplift.
  • Wired plans directly into S&OP and replenishment workflows.

What changed

  • Forecast accuracy improved from 61% to 82% weighted MAPE.
  • Cycle time dropped from 9 days to 6 hours.
  • Working capital freed up: ₹115 Cr in the first year.
Project gallery

Inside the delivery

Hierarchical model

Reconciled SKU / region / channel forecasts.

S&OP workspace

One-click accept or override.

Backtesting studio

Confidence before every release.

Technology

Built with

The tools and platforms we chose for this engagement.

Python
Prophet
LightGBM
Snowflake
Airflow
Streamlit
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