When it comes to forecasting models, there is no one size fits all. And with different inputs, methods, and parameters, how do you choose the right one, and onc... Read More...
"I hate this part of my job -there's no way to be right." I'd had the same thought many times.
I was talking to a fellow demand planner, who was under pressu... Read More...
It's very common in forecasting to aggregate data in order to increase the signal/noise ratio, and there are several papers out there regarding the significant ... Read More...
Selecting the right model plays a very important role in predictive analytics and forecasting. Use the wrong model, and you might as not have bothered at all. U... Read More...
An algorithm is a procedure or formula for solving a problem, based on conducting a sequence of finite operations or specified actions. Generally speaking, when... Read More...
Most forecasting approaches are based on the idea that a forecast can be improved if the underlying factors in the data can be identified and forecasted separat... 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...
As we start each new year, there comes a fresh list of ideas or prognostications about future trends in demand planning and S&OP. These days everyone is usi... Read More...
Predictive Analysis is a process of collecting, transforming, cleaning, and modeling data with the goal of gaining consensus of a future forecast. This provides... Read More...
The fashion industry is undergoing seismic shifts due to omnichannel and social media disruption that make predicting and managing demand more difficult than ev... 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.
