Eric Wilson is Director of Thought Leadership at the Institute of Business Forecasting & Planning, bringing over 20 years of experience in demand planning and predictive analytics. He previously led forecasting at Escalade Sports, Berry Plastics, and Tempur Sealy. Eric is an IBF Advanced Certified Professional Forecaster (ACPF) and recipient of IBF’s Excellence in Business Forecasting & Planning Award. He is a frequent speaker, published author, and contributor to The Journal of Business Forecasting.
With the technology today, there is a tremendous amount of data available, as well as a variety of techniques such as machine learning and data mining to provide unparalleled insight into demand. Understanding how to harness this innovation for more robust planning is not easy, but one thing’s for sure: The technology that we’ve been talking about for years is now here and ready to be implemented in your organization. This session will reveal how to convert the mass of both structured and unstructured data into value-added insight to help improve service, reduce costs, improve inventory management, and increase profits. With a clear action plan, you can accomplish all this and more.
You will learn:
- How machine learning, artificial intelligence and other technologies are changing demand forecasting
- How to use predictive analytics to improve forecasting, customer relationship management and inventory control
- How to determine when to use qualitative measures instead of analytics for better planning and forecasting