machine learning

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 machines a few years from now? Do humans still have any competitive advantage over software... Read More...

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The Quantitative Skills Gap Means Leveraging Machine Learning Is Still 10 Years Away

Patrick BowerJanuary 16, 2019

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 using the word digital—digital supply chain, digital transformation, digital quests, and digi... Read More...

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Machine Learning + Statistical Forecasting = Faster Response

Carol McIntoshJuly 2, 2018

In forecasting there is an old saying that forecasts are never accurate, and that what's important isn't an exact number, but a range. Advancing digitalization is making this approach more and more effective, as we use forecasts to identify trends, a... Read More...

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MIT RESEARCH: MACHINE LEARNING KEY TO SUPPLY CHAIN AGILITY IN FASHION INDUSTRY

Majd KharfanJune 18, 2018

The fashion industry is undergoing seismic shifts due to omnichannel and social media disruption that make predicting and managing demand more difficult than ever. Two MIT graduates and supply chain professionals share their research findings on how ... Read More...

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IBF Survey: 70% Of You Say AI Is Future Of Demand Planning

Eric Wilson, CPFJune 11, 2018

While the basic concepts of Machine Learning (ML) and Artificial Intelligence (AI) are not new to forecasting and demand planning, there obviously seems to be renewed interest. For years, forecasters have used algorithms including artificial neural n... Read More...

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How Starbucks Uses Predictive Analytics And Your Loyalty Card Data

Eric Wilson, CPFMay 29, 2018

In the era of Big Data and growing competition, it's no longer enough that Starbucks baristas know you like a tall skinny vanilla latte. The iconic Seattle coffee brand is relying on Demand Planners and Data Scientists behind the scenes to increase m... Read More...

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Demand Planners’ Guide To Surviving the Amazon Onslaught

Eric Wilson, CPFMay 21, 2018

The “Amazon effect” has already changed shipping, logistics, employment and consumer behavior, not to mention giving a good kicking to brick-and-mortar stores. As a result, Demand Planning and Forecasting is very different to how it was just a few ye... Read More...

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Setting Up Machine Learning In Your Company

Hank CanitzFebruary 13, 2018

When it comes to Machine Learning in Supply Chain Planning, how many of us can say we are ready to reap the benefits? If we are not quite there yet, what do we have to do get started? The use of Artificial Intelligence (AI) and Machine Learning in Su... Read More...

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How To Use Microsoft Azure

Nick CronshawJanuary 29, 2018

If, like me, you work in a small to medium sized enterprise where forecasting is still done with pen and paper, you’d be forgiven for thinking that Machine Learning is the exclusive preserve of big budget corporations. If you thought that, then get r... Read More...

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