Analytics

The Differences Between Descriptive, Diagnostic, Predictive & Cognitive Analytics

Eric Wilson, ACPFJanuary 20, 2020

Thanks to Big Data, computational leaps, and the increased availability of analytics tools, a new age of data analysis has emerged, and in the process has revol... Read More...

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SPECIAL TECHNOLOGY ISSUE OF THE JOURNAL AVAILABLE TO DOWNLOAD NOW

Andrew ScuolerJanuary 17, 2020

The special issue of the Journal of Business Forecasting, Technology in Forecasting & Planning, is now available for download. Download it here. This spe... Read More...

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Demand Planning Predictions For 2020

Eric Wilson, ACPFJanuary 7, 2020

As forecasters, we rely on data to look at the past and use models to provide insight into the future – this is not one of those times. The following, rather, i... Read More...

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Overcoming The Challenges of Big Data

Eric Wilson, ACPFDecember 17, 2019

We can no longer ignore data. Now that we have begun to define it and find new ways of collecting it, we see it everywhere and in everything humans do. Our curr... Read More...

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6 Steps That Brought Forecasting Back From The Dead At General Motors

Ted HanawaltDecember 9, 2019

This article describes the various steps that General Motors (GM) has taken to improve forecasts for better decision making. These include reducing waste, using... Read More...

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Image of laptop screen with text 'Predictive analytics'

Predictive Analytics & Probabilistic Planning

Eric Wilson, ACPFNovember 18, 2019

What if we not only knew what the forecast will be for an item for the next period, but also understood a range of potential outcomes for that item? What if ... Read More...

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IBF Talks To Dr. Eric Siegel

Andrew Scuoler CPFNovember 4, 2019

IBF spoke to Dr. Eric Siegel, author of the best-selling book Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die, and host of the Dr. D... Read More...

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Image of Rolls-Royce chairman Sir Ian Davis

IBF Talks With Rolls-Royce Chairman, Sir Ian Davis

Andrew Scuoler CPFOctober 30, 2019

Andrew Scuoler, CPF spoke with Sir Ian Davis, Chairman of aerospace giant Rolls-Royce, about forecasting, scenario planning, Big Data and why we shouldn't be so... Read More...

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Differences between forecasting and predictive analytics

Differences Between Demand Forecasting & Predictive Analytics

Eric Wilson, ACPFSeptember 19, 2019

For many companies and demand planners, predictive analytics seems revolutionary. To others, it is just a more advanced version of normal demand planning. The c... Read More...

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Machine learning in new product forecasting

In New Product Forecasting, Human Beats Machine

Olga GerasymchukSeptember 9, 2019

The world of forecasting today is filled with machine-related buzzwords like AI, predictive analytics and machine learning. Will all of forecasting be done by m... Read More...

Advanced AnalyticsAnalyticsModels & MethodsNew Product ForecastingProduct Life Cycle ManagementSoftware & SystemsTechnology1 Comment 0