The Evolution of Forecasting

Standard forecasting methods are outdated. Unprecedented demand patterns and supply chain constraints are exposing forecasting capabilities as never before. Greater agility, resilience and forecast accuracy can be obtained by embracing new approaches with data and technology.  Forecasting is evolving!

In this aim10x Roundtable members will participate in an interactive retail promotion planning simulation that will highlight how planning methods of the past are obsolete.  We will show what next generation forecasting can deliver and present an exciting vision of the future of forecasting.

What to expect? A lot of interaction!

1. Retail case promotion planning – intro

2. Promotion Game

3. Retail case promotion planning – solution

4. Discussion: how would you approach this case using AI/ML?

This round table discussion will take place on February 17th at 11am ET (US) / 5pm CET (EU) and will be led by Hans van der Drift, Partner at Involvation and Simon Joiner Digital Forecasting and Demand Planning Expert at o9 Solutions.

What is a roundtable?

A roundtable is an informal knowledge-sharing session that brings together a diverse group of professionals to share their knowledge, discuss their challenges, learn new insights, and make new connections. We keep the group small (less than 12 participants) to give everyone the space to participate and contribute in deeper-dive discussions.

We keep the agenda simple:

1. Introductions
2. Setting the scene
3. Group discussion
4. Networking

Why should I register?

If you’re missing the collaboration and conversational elements from a webinar, then a roundtable might be a great option for you. Be ready to deep-dive into different topics related to digital transformation and have a high-quality discussion with your peers. We host both industry-specific and cross-industry roundtables so there’s always a topic to interest you.

Who is it for?

This roundtable is for all industry professionals who are interested in digital planning and forecasting.

Recently, we held a roundtable discussion on the evolution of forecasting in the retail industry and how retailers can leverage emerging forecasting capabilities. Hans van der Drift, Partner at Involvation, and Simon Joiner Digital Forecasting and Demand Planning Expert at o9 Solutions led the discussion that focused on: 

• The challenges of forecasting promotion volumes in a retail environment,
• Best practices in forecast promotion and planning for safety stock to secure supply,
• Developing a causal forecasting model for promotion planning, 
• The role AI/ML has in enhancing demand planning capabilities. 

Check out this snippet where Hans van der Drift shares their thoughts on AI/ML capabilities: