Commodity Price $

Vizioneer is guaranteed to cut your forecast error (variance) in half. Here’s what Vizioneer does:

• Forecast
  • What is Forecast: $ price of commodity- such as crude oil, gasoline, chemicals
  • Forecast by: specific commodity, e.g. Saudi Arabia Light Crude
  • Time increment: day, week
  • Horizon: 1 week to 12 weeks
• Vizioneer's Approach
  • "Interpolate forecast from the future" using your near-real-time operational data, Envizion’s proprietary environmental indicators, and published market data. Vizioneer’s patent-pending adaptive learning algorithms would be deployed.
• Use of Forecasts (example- oil refining company)
  • Refinery scheduling - optimal refining schedule with highest profit margin
  • Oil purchases - buy the cheapest crude possible to meet customer demand
  • Reduce inventory of crude and of refined products
• Implementation
  • Pilot in six weeks, and implement in twelve weeks