IBF – Orlando Forum
BUSINESS PLANNING, FORECASTING & S&OP/ IBP: BEST PRACTICES CONFERENCE – October 18 – 21, 2022
Over the last 24 months supply chains have experience unprecedented challenges; significant cost inflation, varying transportation service, and consumer demand with unseen patterns.
How fresh it’s still in our minds the stock out’s of wipes and toilet paper. In many areas of the economy, companies have rationalized their product offering to ensure supply of the A-items and near elimination of slow-moving C-items…
To add to the uncertainty, the macroeconomic picture shows a track record of modest growth with the media anticipating a recession given the significant inflation consumers are facing.
Putting all this together leads us to a real forecasting challenge. Companies are facing some never-before-seen challenges. Forecasting algorithms are being challenged to new levels.
We are proud to share that our state-of-the-art forecasting platform D-One Plan now supports innovative machine learning tools. With all the background noise both at the macro and micro level, interpretation of statistical forecasts has become a big challenge. Isolated events that could drive demand are now mixed with macro events which can easily lead to misinterpretation of any predictive models. D-One Plan offers a mature machine learning algorithm that was built during the COVID-19 pandemic. The tool’s logic has a native crisis recognition logic.
We are proud to announce that we will attend the Orlando Conference organized by Institute of Business Forecasting on October 19-21. We look forward to meeting you there and showcasing our capabilities.