Predictive modeling use-cases can be separated into 2 broad types: Those where prediction itself is the prize. Accuracy tends to be paramount for such uses-cases and directly proportional to the value of the model (e.g. computer vision, direct mail targeting, high-frequency trading, lift modeling etc.) Those where insights into the relationship between predictor and response…
A comprehensive approach to sell-out forecasting
Table of Contents 1. Demand forecasting for upstream value chain players 2. Industry dynamics and other factors that warrant more emphasis on sell-out forecasts 3. How and what to measure – Types of data 4. A framework for developing a sell-out forecasting system 5. Measuring accuracy 6. Advanced Forecasting – Methods for optimizing and fine…