One can’t read any news today without a barrage of articles about data science and machine learning and artificial intelligence. Just recently, Jeff Bezos opened up his private MARS (Machine Learning, ...
Picture a single forecasting mistake triggering a cascade of negative consequences, such as surplus inventory, strained supplier relationships and disappointed customers. In today's world, accurate ...
Demand forecasting methods have been used in retail for a long time. Most of them are based on historical data, which is no longer useful in the new COVID-19 reality. If you used an ML-powered demand ...
Traditionally, CRM solutions have been unreliable for sales forecasting. Companies have dealt with inaccuracies and blamed their bad data. However, things are starting to change thanks to artificial ...
Yet most demand forecasting systems today often produce disappointing results and significant forecast errors. The standard models found in these systems cannot easily identify trends in the data.
Operators need to arm managers with forecasting technology that enables better planning and opportunities for success. Sponsored by HotSchedules. Algorithms play an increasingly prominent role in our ...
Recently, the popular weather app Dark Sky launched a website version of its platform, and at first glance, it didn’t look much different than the mobile version. There are some advanced deep-dive ...
In a new study led by the University of Washington, researchers have demonstrated artificial intelligence's ability to improve lightning forecasts. Lightning strikes led to the devastating California ...
With chatbots like ChatGPT making a splash, machine learning is playing an increasingly prominent role in our lives. For many of us, it’s been a mixed bag. We rejoice when our Spotify For You playlist ...