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School & CorporateTake a 20 mins Demo with our consultant
- In-depth knowledge of how AllRide works.
- A brief on how AllRide can help your unique business requirements.
- Demo & Pricing details.
What is Demand Forecasting?
Demand forecasting refers to the process of predicting future demand for a product or service to make smarter business decisions. AllRide’s demand forecasting tools help your business estimate the probable demand and supply variables for a given period of time by studying empirical data.
With AllRide’s innovative solutions, you can
- Understand and predict demand,
- Improve labor scheduling,
- Optimize operational planning,
- Maintain profitable supply according to demand,
- Prolong fleet lifecycle within the industry.
Who will benefit from our demand forecasting solutions
AllRide’s demand forecasting solution will significantly help any industry dealing with global and domestic market uncertainties. Some of these include:
What AllRide’s demand forecasting helps you with
As the solution provider, AllRide surveys multiple fleet business owners to identify the most common challenges these industries face.
- High operational costs
- Fleet under-utilization
- Inability to plan vehicle purchases
- Predicting maximum booking demand
- Hampered profit due to no exposure to market trends
What AllRide’s demand forecasting helps you with!
As the solution provider, AllRide surveys multiple fleet business owners to identify the most common challenges these industries face.
- High operational costs
- Fleet under-utilization
- Inability to plan vehicle purchases
- Inaccurate decision making
- Predicting maximum booking demand
- Unsatisfactory customer service
- Hampered profit due to no exposure to market trends
Demand Forecasting Can be
Game- changing for Your Fleet and Delivery Business
Even prosperous businesses can suffer from various fleet-related issues that can be solved by implementing demand forecasting. AllRide provides a comprehensive fleet management system to multiple small, mid-size, and enterprise-level fleet businesses.
Helping corporations make smarter business decisions
AllRide helps you determine future demand after considering internal factors like empirical data and real-life constraints like seasonality, weather, etc. When done well, our solutions can help your transport or delivery business gain a competitive advantage in the market.
- 40% reduction in operational costs.
Advanced surge pricing optimization to improve profitability
AllRide helps you analyze market trends during peak hours and set prices accordingly. In the fleet context, in particular, optimizing for surge pricing is crucial due to the dynamic nature of pricing and high competitiveness. For instance, a cab service provider can accurately forecast peak hours in certain areas and adjust the pricing to compensate for the increased demand.
- $60,000 saving per month in admin workload
Plan a vehicle purchase strategy and scale your business
By forecasting accurately, you can see the need for your business within a timeframe and plan a growth strategy by determining the vehicle type and quantity necessary to run your fleet business effectively. Since capital expenditures can be expensive, designing a vehicle purchase strategy can facilitate your overall business expansion plans.
- Vehicle Idling got minimized significantly
Best in class fleet repositioning insights to get the most out of your fleet
With demand forecasting tools at your disposal, you can make informed decisions about when and where to allocate vehicles based on demand surges. You can assign and re-allocate drivers effectively on a particular day, time, or location. AllRide helps you spot potential disruptors in advance so that you can plan additional resources and avoid business loss.
- 75% improvement in driver productivity.
Future-ready with smart scenario-based decisions
Predicting seasonal fluctuations in demand and fleet supply helps you meet demand surges during certain junctures, like vacations, weekends, etc., and price your services accordingly. Seasonality forecasting, when applied correctly, can work wonders in reducing business costs and increasing bottom-line profitability.
- 500 hours saving per day with predictive vehicle allocation
Explore other solutions
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Predictive maintenance
AI-powered analytics reports and recommendations for planning maintenance schedules.
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AI-based inspection
Automate vehicle inspection routines using advanced AI-based data analysis.
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Route Optimization
Find the shortest and fastest routes and increase fleet efficiency and transparency.
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Vehicle telematics
Combine data from multiple touchpoints to improve your fleet efficiency and boost overall driver safety .
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Video-based safety
Ensure fleet safety and optimal performance using video-based safety solutions.
Read moreRelated Insights
Ready to get started?
Join hundreds of fleets running on AllRides.Questions? Call us at [+1 866 941 5117 (US)] or email us at business@allrideapps.com.
