A focused engagement, with a clear next decision
Lighthouse's proposed service approach is staged. Start with the work needed to establish feasibility, then agree any further development or implementation based on what the evidence shows.
Forecasting discovery and data readiness
For businesses with a planning problem but uncertainty about where to begin.
Possible scope
- Define the business decision, forecast horizon and users
- Review available datasets and current planning practices
- Identify important gaps, assumptions and constraints
- Recommend a practical first test
Deliverable: A written brief and data-readiness assessment, with a recommended next step.
Bespoke model development and prototyping
For a defined forecasting question with data suitable for investigation.
Possible scope
- Prepare an agreed dataset for modelling
- Build reference forecasts and suitable candidate models
- Produce forecasts in a reviewable format
- Document inputs, assumptions and limitations
Deliverable: A working prototype and documented model comparison.
Forecast validation and review
For businesses that want evidence about a new or existing approach before committing to it.
Possible scope
- Design a test appropriate to the real planning horizon
- Compare forecasts with historical outcomes
- Examine errors at the level that matters to the decision
- Review uncertainty, weak points and practical suitability
Deliverable: A validation report and recommendations. Results may support further development, a simpler method or no change.
Deployment planning and ongoing use
For a validated approach that the team wants to use regularly.
Possible scope
- Agree the delivery format and refresh process
- Plan a handover, reporting workflow or integration
- Define responsibilities and exception review
- Scope monitoring, maintenance and support where required
Deliverable: The agreed implementation or handover package, with any ongoing services documented separately.
Scope before commitment
The work depends on your data, the number of forecasts, the decisions involved and the delivery requirements. An initial discussion helps establish a sensible scope before pricing and timing are agreed.