Why Aren’t Demand Planners Adopting Machine Learning?
We all know that machine learning (ML) and AI gets the analytics and data science community excited. Every self-respecting forecasting department is develop... Read More...
Analytics
My “Future Shock” with ChatGPT
It is nearly impossible to avoid the current hype around ChatGPT. ChatGPT is an artificial intelligence content creator that generates a variety of outputs... Read More...
Managing Optimism Bias In Demand Forecasting
I recently watched a Ted Talk by Professor Tali Sharot, a specialist researcher in Experimental Psychology at University College London. She described how o... Read More...
The Advancements In Disease Forecasting That Can Revolutionize Business Forecasting
On the IBF On Demand podcast, I recently spoke to a real innovator doing great things in the forecasting space. He comes from a disease forecastin... Read More...
Interest Rates Are Changing Consumer Behavior – Here’s What Demand Planners Must Do
As of this writing, Central Banks’ efforts to reduce inflation are underway. Central Banks around the globe are increasing their interest rates in response ... Read More...
Demand Sensing & Shaping With Starbucks
Are you a Starbucks customer? If so, the coffee chain is analyzing your purchases to create a personalized experience for you – and to get you to spend more mon... Read More...
The Simple Power of Aggregate Forecasting
In the 1990’s when I was with Baxter Healthcare, we implemented a statistical forecasting solution for our European affiliates. In going through the user tr... Read More...
Tips For Cleaning Your Dirty Data
We all work with data but we're not all data people. We must recognize that everybody who interacts with data plays an important part in cleaning and maint... Read More...
Transitioning From Times Series To Predictive Analytics
I recently had a fascinating and enlightening conversation with one of the leading figures in predictive analytics and business forecasting, Dr. Barry Keati... Read More...
My Favorite Forecasting Model
One of the questions I get asked most frequently is “What is your favorite forecasting model?” My answer is “it depends” because not all problems need a ham... Read More...