Turning a Forecast Into Action

There’s a big difference between knowing and doing. As Leonardo Da Vinci put it, “Knowing is not enough, we must apply.” His words rang true in the 16th century, and they are just as applicable in the digital age. When applying this to a sales forecasting process we can either just use the forecast to […]

Accounting for Uncertainty: Driving Forecasting Value with Interval-Based Forecasts

Intervals Enhance the Intelligent Experience Forecasting sales is a hard problem for businesses to solve, especially given that the focus on hitting an exact number is often top of mind for decision-makers. However, it is difficult to predict an exact number, even when organizations have access to high-quality data and sophisticated predictive models. Business processes […]