The Business Forecasting Deal
Exposing bad practices and offering practical solutions in business forecasting![Alfred Hitchcock and a classic forecasting scam Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
The Forecasting Savant Suppose you received an email from a self-proclaimed forecasting savant, advising you of a big upset in the upcoming mayoral election...and it turns out to be correct. You then get an email picking the underdog in the next championship boxing match...which is right again. Over the course
![SAS forecasting and econometrics "tip of the week" Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
SAS Support Communities provide a forum in which to engage and share with your fellow SAS experts, now in over 20 topic areas including Forecasting and Econometrics. This is the go-to website for your hard core modeling questions, such as "Holdouts in PROC ARIMA," "2-stage Heckman (1979) procedure," and the
![Foresight/SAS webinar December 3: Getting real about uncertainty Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
Just a reminder that on Wednesday, December 3, 10:00am ET, Paul Goodwin will be delivering the next Foresight/SAS Webinar on "Getting Real About Uncertainty." From the description: Many forecasts only tell us about things like probable events, expected sales and prospective demand. Often they tell us nothing about the level
![IBF blog series on Forecast Value Added Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
Calling All Forecasters Have you tried Forecast Value Added analysis? What did you find out? Are you willing to share your learnings (at least those that can be revealed publicly)?Would you like to be featured in a new blog series on FVA, published by the Institute of Business Forecasting? The IBF was
![Lancaster Centre for Forecasting survey Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
Can you spare a few minutes to assist researchers at the Lancaster Centre for Forecasting? We have been commissioned by the European Journal of Operational Research to write a review article on Supply Chain Forecasting. In undertaking this task, we would like to ensure that the topics covered reflect the priorities
![Gaming the forecast Foresight Cover](https://blogs.sas.com/content/forecasting/files/2017/02/BFD.png)
Business forecasting is a highly politicized process, subject to the biases and personal agendas of all forecasting process participants. This is why many -- perhaps most -- human adjustments to the forecast fail to make it better. And this is why relative metrics, such as FVA, are so helpful in