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The global political and media elites descending on Paris for talks on climate policy might want to consider the Golden Rule of Forecasting. The Golden Rule derives from many decades of experimental research on forecasting across diverse fields and all kinds of forecasting problem. The Golden Rule of Forecasting "requires forecasters to be conservative by forecasting in a way that is consistent...
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Learn about the various methods of statistical forecasting. Information on preparing Sales Forecasts and making Budget Estimations. Forecasting with advanced statistics. Analyzing the Data Statistical data analysis divides the methods for analyzing data into two categories: exploratory methods and confirmatory methods. Exploratory methods are used to discover what the data seems to be saying by...
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Everyone tends to consider the worst and best case scenario, and these are not exempt when it comes to forecasting methods as well. The use of scenarios is often referred to as scenario writing. All possible scenarios are written out based upon different criteria. Then, a person who is making the...
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E-forecasting offers Leading Indicators Economic Business Forecasts GDP for the US City State Global Company Semiconductor Industry Forecast HIP - Hotel Industry Pulse Indicator and HIL Hotel Industry Leading Indicator Hotel Predictive Analytics Hotel Insights. E-forecasting has developed several...
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The official site of the textbook "Practical Time Series Forecasting: A Hands-On Guide" by Galit Shmueli. Practical Time Series Forecasting, Third Edition and Practical Time Series Forecasting with R, Second Edition provide an applied approach to time-series forecasting. Forecasting is an...
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The International Institute of Forecasters is dedicated to stimulating the generation, distribution, and use of knowledge on forecasting in a wide range of fields. Our aim is to bridge the gap between theory and practice by bringing together researchers and practitioners from all nations to improve the quality and usefulness of forecasting. Learn More ». The online newsletter provides the...
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Some of the big names who have used our services and expertise include Honeywell, Pepsi Foods, Brown-Forman, Labatt, Yaskawa, Coleman, McCain Foods, Lindt and many other small and medium size companies. We can be reached at www.demandplanning.net. You can also contact our Business Development Manager at hatimr@demandplanning.net . We would be glad to have an initial call for a short diagnostic...
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Spotlight Reporting is an cloud based business intelligence reporting organisation. We provide online analysis and insight – anytime, anywhere. Spotlight Multi is an online tool designed specifically for multi-entity organisations. Better, faster and more useful reporting should also encourage improved decision making and governance. learn more. Spotlight Forecasting is an 'all-in-one'...
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The Institute of Business Forecasting & Planning – IBF is a membership organization for demand planning, forecasting, S&OP, and supply chain education,. Demand Planning performance is driven by metrics. MAPE and bias provide a compass to evaluate performance, and make necessary changes to the forecast. It is for this reason that most Demand Planning teams put a significant amount of emphasis on...
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Our YouTube channel features Forecast Pro demonstrations and educational Webinars providing in-depth information on a wide range of forecasting topics. Welcome to Forecast Pro - Software for sales forecasting, inventory planning, demand planning and collaborative planning.
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Forecast future demand with Lokad. Make better purchase decisions. Service more clients with less stock. Stop the spreadsheet madness. Our goal is to deliver the best possible numbers when it comes to your inventory. This usually involves answering two questions: When to order? and How much to order? However, depending on your specific supply chain challenges, we can help you tackle many more...
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We seek to determine progress in modelling CI for forecasting & to disseminate knowledge on “best practices” across time series of different frequencies. To facilitate and knowledge exchange, the competition will be run in 3 separate tournaments of 6 months each. In each tournament one, two or more of the 6 datasets of 11 time series each with a particular time frequency must be forecasted. To...
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Leading and valuable information on the likelihood of a reversal in the stock market and the business cycle in the United States. Management of a wealth portfolio over the bullish and bearish phases of the stock market is complex. An important responsibility in managing a portfolio is to follow the current economic situation and assess the near-term outlook for the economy and the stock market....
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Proponents acknowledge that forecasting systems require modification and refinement as market conditions change. Proponents also point out that effective, forecasting systems are not widely known for proprietary reasons. They also point out that, in certain thinly traded markets, effective forecasting systems will only remain viable when their use is sufficiently limited so as not to be...
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