Forecasting demand for a new product is much more difficult than existing products because there is no historical data to be taken as a reference, and acceptanc... Read More...
Even if you read data analytics news only occasionally, I’m pretty sure you’ve come across something called ‘deep learning,’ but how does it benefit demand fore... Read More...
Even though you know why predictive analytics is important to your organization, others may not. Some people in your company don’t understand it yet. That’s OK.... Read More...
Question
Dear Dr. Jain, We are currently working on improving our forecast accuracy. One of the ideas is to create an 'all other' group for the smaller cust... Read More...
In demand planning we often talk about those unicorns who are analytically minded and yet can still deal with ambiguity and relate to people. They are rare crea... Read More...
Using AI to gain a competitive advantage over the next few years is not about better forecasts. What is often missed about predictive analytics is the power to ... Read More...
As a discipline, predictive analytics has been around for many decades and has been a hot topic in academia for many years. Its application in the field of dema... Read More...
So you set up an S&OP process and started doing demand planning. But your forecast accuracy isn't improving and your service levels are still low. Y... Read More...
Predictive analytics can help us estimate how many units we will sell of the product, but that’s not the only thing predictive analytics tells us about. Busines... Read More...
The new, special issue of the Journal of Business Forecasting & Planning is available for download now. This is a particularly interesting issue of the j... Read More...
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.