Industrial Trade Area Analysis
With a unique geolocation approach we help companies to analyze industrial areas and understand market potential, competitors‘ supply chain, locations, and truck trips.
We infer logistics, legal and business relationships between companies and facilities within the US.
Understand your competitors within an area
Develop a strategic supply chain & inventory Planning
Create an optimal site selection blueprint for a given area
Understanding Industrial trade area analysis
Trade area analysis consists of analyzing a determined area within a geographic space to study the business and trade activity of companies, competitors, and users.
Industrial POIs analysis
Trade area analysis tools can bring precise data of each point of interest by category. This information can help you enhance critical elements of your strategy, like demand forecasting, competitor in-depth analysis, and supply chain optimization.
What can you use these insights for?
Demand Forecasting
Geospatial data combined with advanced predictive analytics can help optimize the process of demand forecasting.
Companies profiles
In a hyperconnected and cross-industry world, understanding who you are doing business with is more important than ever.
Supply Chain Mapping & Logistics Planning
Demand forecasting and logistics planning both require mapping and analysis of the locations of various supply chain nodes.
Risk transfer, Insurance & Compliance
It's a must for insurance companies to rely on accurate information of each industrial facility to assess risks correctly.
Choosing the right location
Trade area analysis helps you analyze an area from different angles to determine if a location represents a good business decision or not, according to your needs.
For example, a Food Company can be interested in a location with high consumer potential and where key suppliers are. On the other hand, a logistics company can be interested in an area with good accessibility to reduce transportation times and minimize operating costs.
Unveiling the "DNA" of the competition
Trade area analysis goes beyond a simple overview of all your competitors within an area. It gives you a complete picture of their business environment throughout their supply chain and operational strategy.
This tool is ideal for understanding a competitor’s influence in the area and identifying underserved markets, new business opportunities, and possible risk situations.
Your Trade Area Analysis is on good hands
Fortune 500 companies trust PREDIK Data-Driven
Learn What Trade Area Analyisis Can Do For Your Business
Schedule a 30 minute meeting with one of our data experts to understand how can we work together and develop the perfect Big Data solutions for your organization.
Our solutions have helped some of the most important corporations in the US, Europe, Latin America, and Asia Pacific.