Predictive Analytics and Impact on Planning and Business Forecasting
December 15, 2020
6:00 PM - 7:30 PM
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Presented by APICS Cincinnati Chapter PDM
There’s a lot of excitement lately about AI, new models, and machine learning algorithms and the accompanying idea that they will replace all human judgement. This misconception may be due to lack of understanding about how all the tools and methods now available fit together, and how we need all of them if we’re to forecast all datasets accurately. In this PDM we will look at the full spectrum of forecasting methods from pure judgment to machine learning, and classify each of them so that they are easy to understand. Also provided is an explanation of each of the broader classes of methods, so demand planners can add different models to their toolkit, knowing when to use which one for maximum effect.
Gues Speaker: Eric Wilson is a predictive analytics and business planning innovator, author, and speaker. He is director of Thought of Leadership at the IBF. Prior to this, he worked as the Director of Demand Planning at Escalade Sports, Director of Demand Planning Planning at Berry Plastics, and Director of Demand Planning & S&OP at Tempur Sealy International. In 2016, he received the Excellence in Business Forecasting & Planning Award from the IBF. He is IBF Certified Professional Forecaster (CPF) with over 20 years experience in the field. A frequent speaker and panelist for executive forums, Eric has written numerous articles in publications such as The Journal for Business Forecasting and APICS magazine. He is also author of the book Cultural Cycles.
Time: 6:00pm - 7:00pm; with 15-30 minutes Q&A afterwards
Zoom link to be provided at a later date as the event approaches
Looking forward to seeing you there!
$10.00 APICS member ticket
$15.00 Non-member ticket
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