The Business Forecasting Deal
Exposing bad practices and offering practical solutions in business forecasting![Guest blogger: Len Tashman previews Winter 2015 issue of Foresight Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
*** We interrupt discussion of James H. Lorie's 1957 article with this important announcement *** Hot off the wire, here is editor Len Tashman's preview of the Winter 2015 issue of Foresight: Foresight kicks off its 10th year with the publication of a new survey of business forecasters: Improving Forecast Quality in
![Brilliant forecasting article from 1957!!! Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
Brilliant, humorous, and obscure. Those words could describe two of my favorite comedians, Emo Philips* and the late Dennis Wolfberg. They could also describe, with the addition of "exceedingly" brilliant, "scathingly" humorous, and "apparently totally" obscure, a 1957 article, "Two Important Problems in Sales Forecasting" by James H. Lorie (The
![ATM Replenishment: Forecasting + Optimization Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
Why do people steal ATMs? Because that's where the money is!!! While the old "smash-n-grab" remains a favorite modus operandi of would-be ATM thieves, the biggest brains on the planet typically aren't engaged in such endeavors (see Thieves Steal Empty ATM, Chain Breaks Dragging Stolen ATM, An A for Effort). And of
![FVA Interview with Jonathon Karelse Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
In December the Institute of Business Forecasting published the first of a new blog series on Forecast Value Added. Each month I will be interviewing an industry forecasting practitioner (or consultant/vendor) about their use of FVA analysis. The December interview featured Jonathon Karelse, co-founder of NorthFind Partners. Among his key
![Forecasting research project ideas Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
There are some things every company should know about the nature of its business. Yet many organizations don't know these fundamentals -- either because they are short on resources, or their resources don't have the analytical skills to do the work. The summer research projects offered by the Lancaster Centre for Forecasting,
![Do you have a forecasting research project? Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
The Lancaster Centre for Forecasting is seeking Master Student Projects in Forecasting, Data Mining, or Analytics for summer of 2015. Projects normally run from mid-May to mid-August, with reports issued a few weeks after. These projects are a cost efficient way for a company to carry out analytical work by