machine learning

It’s a Great Time For Forecasters & Planners – Make the Most of It

Mark LawlessOctober 5, 2023

It is a great time for business forecasting and planning and those who do it! We have technology and data analytics tools that could not have been imagined just 30 years ago. We have able to shift from manual, time-consuming data collection and a... Read More...

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Even some of the most mature planning organizations are yet to adopt machine learning.

Why Aren’t Demand Planners Adopting Machine Learning?

Olga GerasymchukAugust 28, 2023

We all know that machine learning (ML) and AI gets the analytics and data science community excited. Every self-respecting forecasting department is developing ML algorithms to predict who will click, buy, lie, or die (to borrow the title of Eric... Read More...

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Simplifying Python For Business Forecasting With Mariya Sha

Eric Wilson, ACPFMarch 17, 2022

I recently spoke to Mariya Sha, Python guru and star of the Python Simplified YouTube channel. I asked her how forecasters and Demand Planners can get started with the Python programming language and leverage it for Machine Learning. I gained som... Read More...

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Will AI Revolutionize Demand Planning? Maybe…

Franklin Frye CPFMarch 7, 2022

Have you ever heard the Chinese proverb about the farmer? I originally heard it on a podcast featuring Dan Bilzerian. The story goes: A farmer and his son had a horse who helped the family earn a living. One day the horse ran away and the f... Read More...

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No, AI Isn’t Coming For Your Demand Planning Job

Daniel FitzpatrickJanuary 4, 2022

The integration of Artificial Intelligence and Machine Learning into the S&OP process allows companies to become more agile in response to changes in demand. Data sources that previously were hard to analyze due to complexity or sheer volume ... Read More...

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Beware The Pitfalls Of AI In Demand Planning

Daniel FitzpatrickFebruary 16, 2021

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 ability to anticipate demand rather than react to it. However, accurate forecasting is only o... Read More...

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Updating Machine Learning Models To Adapt To Demand Shifts

Liudmyla TaranenkoJanuary 12, 2021

Even before the pandemic, foward-thinking retailers leveraged AI and machine learning technology (ML) for demand forecasting. In the post-Covid world, however, those ML models have failed to provide accurate predictions because they don't know th... Read More...

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The Intersection Of Forecasting, Machine Learning & Business Intelligence

Eric Wilson, ACPFJanuary 5, 2021

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 guidebook to the predictive analytics revolution. Get your copy. Most of what is di... Read More...

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Predictive analytics in business forecasting

How Business Forecasting & Predictive Analytics Are Merging

Andrew Scuoler CPFDecember 7, 2020

Business forecasting and predictive analytics are merging to leverage Big Data as a growth driver. Predictive analytics does not have to be complicated and Demand Planners can learn these models and methods to drive business insight. Organizati... 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. Data Show on YouTube. He reveals why predictive analytics has become a critical best practi... Read More...

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