StefJensen Sep 09, 2022 | flag | on: Demand sensing [pic]

The 'real-time' part is an overstatement for sure. What they offer are batch job controlled short term (deterministic) forecasting.
All these buzzwords in planning/forecasting software is just annoying as a customer - its absolutely impossible to get a real sense of what's offered without some sort of PoC. Because only then you start to have the talks that shows, what's under the hood.

StefJensen Aug 27, 2022 | flag | on: How to Measure Forecastability (2021)

Many articles discuss how to measure forecastability for deterministic forecasting. However alot for in the trap of suggesting to simply use a coefficient of variation (CV) measure - even though it will count forecastable patterns as season and trend as variation and therefore mistakenly set them as hard to forecast.

The linked article here by Stefan de Kok does a good job of explaining the trap of pure CV and come with an alternative.

I'm a bit split though whether to use this type of measure or to compute the FAA of a simple benchmark (such as a moving average).
The FAA gives you a minimum acceptable accuracy level, but the proposed method here gives a measure which (typically) can be reported from 0 (unforecastable) to 1 (no noise).

Do any of you here have experience in implementing this and can share any experiences? Especially on the stakeholder/change management side.

StefJensen Aug 24, 2022 | flag | on: The beer game

Online version of the beer game, allowing multiplayer or computer controlled