Are You Ready for AI Demand Forecasting? A Roadmap to Organizational Readiness
There is little debate as to the efficacy of AI-based demand forecasting when implemented sucessfully, but most implementations fail. Failure is due in large part to organizations being unprepared for such a wide-ranging and transformative initiative and not understanding the foundational elements required to support it. Three pillars underpin successful AI/ML planning transformation, namely Data, Technology, and Organizational Readiness. In this article I discuss the nuances within these pillars and how they combine to form an effective AI- forecasting and planning ecosystem. Key questions to ask are provided, designed to help you assess your own readiness for AI / ML-based ...
From Issue:
Artificial Intelligence is Revolutionizing Demand Planning
(Winter 2024-2025)
IBF Journal Article by Hariharan Ganesan, originally published in Winter 2024-2025
Are You Ready for AI Demand Forecasting? A Roadmap to Organizational Readiness