What's new

Forecast accuracy assessment guide. How to evaluate your forecasts?
A simplified procedure to do time series forecasting comprises 3 main steps: To achieve this, we need a metric to measure the accuracy of our forecasts. Without this measurement, we cannot determine the reliability of our predictions—and using unreliable forecasts

Understanding time series forecasting: 10 models and tools
In previous articles, I discussed how to prepare data and assess predictions. Now, it’s time to return to machine learning and time series forecasting methods. There are many different techniques available. Some are quite straightforward (like moving averages) while others are more

New whitepaper released: we break down Demand Forecasting
We would like to announce the launch of our latest whitepaper: Prognozowanie popytu: Wykorzystanie technologii AI i ML z klasycznymi metodami statystycznymi w nowoczesnym łańcuchu dostaw written by our in-house expert, Magdalena Foltyn, PhD. It covers data preparation for forecasting,

New article available in Production Manager Magazine!
Learn the ins and outs of digital transformation in manufacturing. Discover how to empower people on the shopfloor with Augmented Lean and composable apps in an article recently published by Production Manager Magazine. Co-written by Artur Buła and Katarzyna Styk,