Demand Management 2.0: next generation forecasting

The use of statistical models to accurately predict future sales has proven to be a real game changer in the monthly S&OP process in terms of effort of your employees and it has proven to generate less bias and a higher, more stable forecast accuracy. The models range from quite basic such as moving average or single exponential smoothing to very complex machine learning models that take external drivers such as the weather or your order book data into account. For a portfolio with low predictability (high volatility) or in case of external disturbance like the COVID19 pandemic, the complex models have proven to be crucial to stay competitive.

EyeOn supports you to leverage the full potential of value adding forecasting techniques. We designed a 1-day masterclass to introduce a framework that provides the steps to take when selecting and applying best-fit statistical models, from proven time-series techniques up-to innovative machine learning. Participants will learn to leverage the statistical forecasting framework and balance them with human enrichment in their demand planning process in most effective way.

The 1-day master class covers the fundamentals to get started:
• Fundamentals of statistical forecasting
• Next generation forecast techniques
• Balancing man and machine
• Best practices, learnings and key success factors
• Hands-on experience: EyeOn forecast game

Learn more about the topics, learning goals, location and pricing of this master class by downloading the leaflet or sign up via the form below.