Insights: Modelling

Model anticipated changes across farms, to stress test scenarios and understand risks

Andy Drinkwater avatar
Written by Andy Drinkwater
Updated over a week ago

The modelling tool in Figured Insights allows firms to change key variables like milk prices, payment schedules for livestock and other operational costs to see how this would impact a client segment in the future.

This will help firms proactively identify clients who might not fare well in future conditions to put them in a position where they can instead thrive.

  • Model out key assumptions that at both historical and forecasted view to track how your business will be affected by a change in external factors across multiple years

  • Know with certainty how a farm stacked up when key variables change in the future to see where you stand in relation to other farms

  • Get in a position to take advantage of new opportunities by being able to prove resilience

  • Model out Assumptions across Actuals, Forecast and Scenario data (update at the top of the filters side bar clicking 'edit' and activating Scenario data)

Click 'Edit' to add in Assumptions

From the drop-down's, select what you'd like to model. By clicking the '+' icon, you can model out more than one Assumptions, and add the percentage against each.

Click 'Apply' to enable Assumptions. Scroll down and you can see Baseline, modelled and the Variance.

You can then click on a value within the grid to view at an individual farm view level

note: You can model out more than 1 period. Just update the filter on the right hand filter bar to include more than 1 period.

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