Automating through machine learning (ML) allowed Amazon.com to predict future demand for millions of products globally in seconds. Leaders at the multinational tech giant successfully reinvented their ...
Picture a single forecasting mistake triggering a cascade of negative consequences, such as surplus inventory, strained supplier relationships and disappointed customers. In today's world, accurate ...
Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...
The Covid-19 pandemic has proved that history no longer repeats itself when it comes to understanding consumer behavior. Demand forecasting systems have been ill-equipped to address disruptions to our ...
We develop a framework to nowcast (and forecast) economic variables with machine learning techniques. We explain how machine learning methods can address common shortcomings of traditional OLS-based ...
Russ Schumacher receives funding from the National Oceanic and Atmospheric Administration for research on applying machine learning to improve forecasts of high-impact weather. Aaron Hill receives ...