My colleague Charlie Chase, Advisory Industry Consultant and author of the book Demand-Driven Forecasting, has developed a new course for the SAS Business Knowledge Series (BKS): Best Practices in Demand-Driven Forecasting. The 2-day course will be offered for the first time April 20-21 in Atlanta (and then again September 24-25 in Chicago). From the
Tag: SAS
♦We learned this week that SAS is ranked #4 on Fortune's 100 Best Companies to Work For in 2015. This makes six straight years ranking in the top four (including twice at #1). ♦The March/April 2015 issue of Analytics Magazine includes a SAS company profile by my colleague Kathy Lange. As
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
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
In his Spring 2014 article in Foresight, Paul Goodwin addressed the important issue of point vs. probabilistic forecasts. A point forecast is a single number (e.g., the forecast for item XYZ in December is 635 units). We are all familiar with point forecasts, as these are what's commonly produced (either
The Advanced Analytics division of SAS Research & Development has announced three Summer Fellowships in the areas of Forecasting and Econometrics. The SAS forecasting fellowships are open to doctoral candidates in mathematics, statistics, computer science, and related graduate departments in the United States. They offer the opportunity to work closely
In 2015 Foresight: The International Journal of Applied Forecasting will celebrate 10 years of publication. From high in his aerie in the Colorado Rockies, here is Editor-in-Chief Len Tashman's preview of the current issue: In this 35th issue of Foresight, we revisit a topic that always generates lively and entertaining
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
I wanted to pass along this reminder from Pam Stroud at the International Institute of Forecasters: Grant to Promote Research on Forecasting For the twelfth year, the IIF, in collaboration with SAS®, is proud to announce financial support for research on how to improve forecasting methods and business forecasting practice.
In the summer heat, when The BFD alone isn't quite quenching your thirst for forecasting know-how, here are several other sources: CatchBlog -- by Steve Morlidge of CatchBull From his 2010 book Future Ready (co-authored with Steve Player), to his recent 4-part series in Foresight dealing with the "avoidability" of forecast