FABA believes in a decision-science approach that utilizes a diverse set of economic, statistical and business experience/expertise.
- Utilizing the advanced forecasting and business analytic capabilities of FABA, effective decision-making becomes a process that intermixes economic theory, statistical theory, econometric modeling, forecasting, business experience and intuition. This decision-science approach allows us to conduct quantitative analyses indigenous to demand and marketing, data mining, evaluation of the effectiveness of advertising and promotion programs, issues related to supply chain management in the food and beverage industry, issues related to food safety, and issues related to consumer behavior.
FABA believes effective forecasting is critical to the success of any business.
- Expectations about the future are the cornerstone of a solid decision-making process for business organizations and government agencies. FABA has the skills and experience to help leverage economic theory, historical data and expectations about the future to create a framework that will enable more effective decision-making.
- Whether the deliverable is calling volumes for customer service, price elasticities for pricing strategies and inventory management, general market analysis, collections/default rates or other opportunities that require the effective utilization of economic theory and historical information, FABA has the business, economic and statistical skills to better understand the underlying economic and financial landscape.
FABA believes it is our job to enable clients to understand and maximize the benefit of their data and to enable clients to design, implement and maintain effective forecasting and decision models.
- Forecasting should not be a mystery or magical outcome. It is a process that combines economic theory, econometric modeling and business analytics together to create the most appropriate forecasts to meet various objectives.
- Clients are enabled with the skills and expertise to effectively leverage their data, experience and knowledge. FABA will create solutions that clients can choose to update and maintain, or to engage FABA to do so if desired.
