Why measure forecasting accuracy - and how to do it?
In this blog post we're diving into the world of forecasting accuracy. We'll explain its essence, unveil the key metrics that measure it, and explore why forecasting accuracy is a game-changer for businesses.
by Christian Montes Schütte, PhD | Assoc Prof, 28. august 2023
Blogpost on Master thesis
In this blog post our Data Scientist Nicholas explains his master's thesis on forecasting daily order volumes for a prominent Danish logistics company's customers. He guides you through the features of the data, unveils the forecasting approaches he employed, and shares the key findings that emerged.
by Nicholas Nyengaard, 28. april 2023
How machine learning is revolutionizing demand planning - and what it means for you?
In this blog post our Lead Data Scientist Christian explains how machine learning is transforming demand forecasting in various industries. He explores the shift from traditional models to machine learning methods and the main model types relevant to demand forecasting. And highlights the advantages of using machine learning in demand forecasting.
by Christian Montes Schütte, PhD | Assoc Prof, 28. april 2023