Michael Amori is CEO and cofounder of Virtualitics. A data scientist and entrepreneur with a background in finance and physics. Accurate demand forecasting is the linchpin of effective inventory, cost ...
A new research paper shows the approach performs significantly better than the random-walk forecasting method.
When supply chain practitioners think about forecasting, they focus on demand forecasting. Demand forecasting is essential, but the number of different forecasts that an effective organization should ...