The model is constantly running. The main effect was achieved during a period of price volatility and made it possible to make a number of decisions on the purchase of building materials in advance.
Part of the positions of building materials make up a significant part of the cost. The key factors influencing price spikes are identified, many of which are macroeconomic. Based on these data, a model is built.
The company needs to conduct a comprehensive time series analysis of the cost of building materials.