Understanding the consumer path to purchase can be complex given the number of options for engagement. Until now, organizations have spent too much time, resources, and investment on analyzing and informing smarter actions. Causal AI enables organizations to quickly understand the key drivers and dynamically plan for the future, so teams deliver value with explainable, transparent, and unbiased decisions.
Now, with Causal AI, teams have the ability to integrate macro and market data with their data sets to better inform a more holistic understanding of relationships and their impact on the business.
Examples of these data sets include:
causaLens’ approach to Consumer Products and Manufacturing’s biggest challenges
Current Approach and Pain Points
Marketers invest resources, money, and time to ultimately drive conversion and long term value with customers. However, there are many channels of investment, the path to purchase has increased in overall complexity, and attribution models are generally not delivering a thorough understanding of causality.
Causal AI Solution
causaLens enables marketing teams to autonomously discover the causal drivers of marketing performance. Distinguishing between statistical correlations and true causal drivers translates to vastly improved models and, as a result, optimized marketing spend and product recommendations.
Questions you can answer with causality:
Current Approach and Pain Points
Organizations are constantly seeking means to manufacture products as efficiently as possible to meet the changing demands for products. Forecasting labor requirements, forecasting demand, understanding the demand impact of innovation, and knowing the key drivers of output inefficiencies.
Causal AI Solution
Causal AI enables organizations to understand the changing demands for manufacturing which includes allocation for demand planning and procurement, planning for labor, and drivers of material changes in the manufacturing KPIs with explainable and transparent insights.
Questions you can answer with causality:
Current Approach and Pain Points
For Consumer led companies, understanding the consumer is essential to company success. Knowing the consumer needs and wants and whys create a potential competitive advantage. This is difficult to do well given the fragmentation of data, the changing dynamics of the customer journey, the changing macro environment, and the competitive landscape. Also, organizations spend time, resources, and money searching for insights that are actionable and valuable.
Causal AI Solution
Understanding the consumer is complex and a difficult process. Causal ai enables organizations to understand relationships, their impact, and drivers across multiple data sets, the impact of tactics throughout the consumer journey, and scenario plan for future changes to enable organizations to much more proactive and innovative.
Questions you can answer with causality:
Current Approach and Pain Points
Supply chains are complex and there are many variables which can impact the readiness of an organization to ensure a smooth inventory flow. From promotions, competitive activity, macro events like inflation growth, and supplier initiatives, it is difficult to truly understand and explain the key drivers of supply chain KPIs.
Causal AI Solution
Models which autonomously adapting to the changing dynamics of the supply chain to inform the decision makers with explainable and transparent insights. Whether enabling a better demand forecast, warehouse efficiency, transportation allocation, or smarter fulfillment, causal ai enables a complete and dynamic platform for the supply chain.
Questions you can answer with causality:
Current Approach and Pain Points
Retail and Commerce companies are constantly looking for growth, more importantly profitable growth. With so many variables to account for, constantly shifting macro and market dynamics, and so many levers to potentially utilize, Retailers and Commerce companies seek to understand what data is relevant and what insights are material.
Causal AI Solution
Causal AI enables organizations to optimize their investments and decisions based on the goals, whether it be the top line the bottom line or a blend. Dynamically plan against your targets and know, with transparency, when you may need to adjust and by how much.
Questions you can answer with causality:
Current Approach and Pain Points
Financial forecasting can be a drain on the entire business, requiring input from many and difficult to integrate into a repeatable learning process. Also, as market dynamics quickly change, organizations are looking to develop multiple scenarios to cope with the changing variables. This process has proven to be inefficient and often not very impactful.
Causal AI Solution
Questions you can answer with causality:
Current Approach and Pain Points
Innovation is a key enabler for growth for Consumer Products companies as they search to remain relevant through product premium-ization, improvement, and introductions. They invest significant time, investment and resources to create and commercialize innovation. Many times, it takes too long to bring innovation to market and even when developed the company many do not know what to expect in terms of the drivers for success or failure.
Causal AI Solution
With Causal AI, organizations will be able to truly understand:
Questions you can answer with causality: