Beware The Pitfalls Of AI In Demand Planning
As we integrate artificial intelligence (AI) and machine learning (ML) into our demand planning processes, I am sure that we will see improvement in our abi... Read More...
What Forecasters Can Learn From Punxsutawney Phil On Groundhog Day
Along with the 14th of March, today should be our field’s public holiday. Why? Because today we celebrate one of the greatest forecasters and prognosticators in... Read More...
Using Maturity Model Assessments For S&OP SWOT Analysis
Many organizations start a Sales and Operations Planning (S&OP) process with little implementation experience, and armed with a few books and articles on th... Read More...
Why You Need An S&OP Product Review
Traditionally the S&OP process was about just balancing supply demand. But where do new product introductions or slow moving or obsolete inventory fall in t... Read More...
Updating Machine Learning Models To Adapt To Demand Shifts
Even before the pandemic, foward-thinking retailers leveraged AI and machine learning technology (ML) for demand forecasting. In the post-Covid world, howev... Read More...
The Intersection Of Forecasting, Machine Learning & Business Intelligence
The following is an extract from Eric Wilson's new book, Predictive Analytics For Business Forecasting & Planning, written by Eric Wilson CPF. It is your gu... Read More...
UPDATE: COVID-19 USA ROLLING FORECASTS
Below are the updated forecasts of coronavirus cases and deaths in the USA. The forecasts are daily rolling forecasts, looking 2 months ahead. Alongside the for... Read More...
Putting Certainty Back Into Business To Fight Covid-19
“Change is the only constant in life”, said the Greek philosopher, Heraclitus. Uncertainty is a derivative of change and has been a constant ingredient of the d... Read More...
How Business Forecasting & Predictive Analytics Are Merging
Business forecasting and predictive analytics are merging to leverage Big Data as a growth driver. Predictive analytics does not have to be complicated and D... Read More...
Stop Saying Forecasts Are Always Wrong!
Stop saying forecasts are always wrong! It’s a pet peeve of mine because when you say this, you’re only hurting yourself and this field. Besides, you are wrong!... Read More...