On Thursday, October 30, 11 am ET, Aris Syntetos delivers the next installment of the Foresight/SAS Webinar Series, "Forecasting by Temporal Aggregation." Based on his article in the Summer 2014 issue of Foresight, Aris provided this preview: When we attempt to improve forecast performance we usually consider new or alternative forecasting
Tag: Foresight
It is after Labor Day in the US, meaning we must no longer wear white shoes, skirts, jackets, or trousers. But even if you are now going sans-culotte, it is time to begin thinking about organizational performance objectives for 2015. Setting forecasting performance objectives is one way for management to shine...or
Again this year (for the 12th time), SAS Research & Development has funded two $5,000 research grants, to be awarded by the International Institute of Forecasters. Criteria for award of the grant will include likely impact on forecasting methods and business applications. Consideration will be given to new researchers in
On July 24, 10am ET, Stavros Asimakopoulos delivers the next installment of the Foresight/SAS Webinar Series, "Forecasting 'In the Pocket': Mobile Devices Can Improve Collaboration." Based on his article (co-authored with George Boretos and Constantinos Mourlas) in the Winter 2014 issue of Foresight, Stavros will discuss how smartphones, tablet computers
The BFD blog probably won't make you the best forecaster you can be. There are plenty of books and articles and world class forecasting researchers (many of them meeting next week in Rotterdam at the International Symposium on Forecasting), that can teach you the most sophisticated techniques to squeeze every last
Our tradition from Foresight’s birth in 2005 has been to feature a particular topic of interest and value to practicing forecasters. These feature sections have covered a wide range of areas: the politics of forecasting, how and when to judgmentally adjust statistical forecasts, forecasting support systems, why we should
We're entering the busy season for forecasting events, and here is the current calendar: Analytics2014 - Frankfurt The European edition of Analytics2014 kicks off tomorrow in Frankfurt, Germany. Five hundred of the leading thinkers and doers in the analytics profession hook up for two full days of interaction and learning.
As we saw last time with Steve Morlidge's analysis of the M3 data, forecasts produced by experts under controlled conditions with no difficult-to-forecast series still failed to beat a naive forecast 30% of the time. So how bad could it be for real-life practitioners forecasting real-life industrial data? In two words:
The Spring 2014 issue of Foresight includes Steve Morlidge's latest article on the topic of forecastability and forecasting performance. He reports on sample data obtained from eight business operating in consumer (B2C) and industrial (B2B) markets. Before we look at these new results, let's review his previous arguments: 1. All
Here is editor Len Tashman's preview of the new Spring 2014 issue of Foresight. In particular note the new article by Steve Morlidge of CatchBull, reporting on an analysis of eight B2B and B2C companies, which we'll discuss in a separate post. An organization’s collaboration in forecasting and planning has