How Forecastable is Your Data?

Having access to an accurate forecast is very beneficial for businesses. If used correctly, it can provide better margins, increase market shares, and many other positive results. At a more tactical level, it can help reduce the costs associated with meeting the customer demand and make the supply chain more efficient.

What-if Wednesday: Forecast Simulation – What Happens if You Change The Alpha Parameter in a Forecasting Method?

From time to time, clients ask me about the effect of changing a parameter of a forecasting method. Recently, I got the idea of creating a series of blog posts where I would simulate the results of tweaking these parameters. Join me as we unpack a couple simple ways to improve your forecasts.

By |2019-04-13T23:09:33-04:00February 1st, 2017|Forecasting, What-if Wednesday|

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