Whitepapers

In these whitepapers, we explore common challenges to forecasting

Why relying solely on market reports could compromise your business decisions? And what to do about it.

Just having a readily-produced market report on hand isn’t sufficient for getting a clear picture of the direction your business is heading towards. In this free guide, we dive into what to consider if you're currently utilizing market forecasts in your process, and how to evaluate your forecast performance.

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Deciding between a planning and forecasting tool?

While both planning and forecasting software are valuable, planning tools typically only place emphasis on optimizing certain aspects of the business, such as inventory levels, capacity. However, they do not take market- and macroeconomic factors into consideration.

We break down what you should consider.

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Building vs Buying a forecasting platform

When considering the adoption of a forecasting platform, many organizations weigh the options of building a custom solution in-house versus purchasing a ready-made platform.

Before you embark on that, consider these points.

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Can you afford to only have univariate forecasting in a multivariate world?

Here’s a breakdown of why time-series models might not be enough and how to gain a competitive edge by incorporating multivariate models.

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How to mitigate forecast biases and human errors

We cover some of the common forecast biases that drive inaccurate forecasts, and how to avoid the influence of bias.

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Uncovering key indicators - what to think about for optimal indicator selection

We evaluate the variable selection methodologies and its capabilities.

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The guide to accurate forecasting and its impact

We address capturing the value of internal data, the importance of selecting the relevant leading indicators, and its impact on your strategic and tactical planning.

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Are you using these costly and inadequate forecasting methods?

Explore the common mistakes and fallacies in forecasting, and why Excel can only get you this far.

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How can you best leverage the benefits of statistical forecasting models when forecasting?

Using multiple forecasting models, model averaging, and monitoring performance can optimize forecast accuracy and decision-making.

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