The Spring 2023 edition of the Journal of Business Forecasting features an article co-authored by First Analytics and The Hershey Company. It shows compelling accuracy results by focusing on some novel hierarchical forecasting methods. From the abstract: Forecasting is traditionally…
First Analytics will be co-presenting with Land-O-Lakes at the upcoming Institute of Business Forecasting Predictive Analytics and Forecasting conference. The event will be held in New Orleans, April 25th through 27th, 2023. We will discuss a model that has its…
As of Monday, November 21st, 2022, the prospects of averting a nationwide rail strike appear to be grim. The Federal government intervened in September, avoiding a strike at that time. But there was a sense that this was just "kicking…
First Analytics recently joined the Global Burden of Animal Diseases Program as a collaborator. Also known as GBADs, the program was launched in 2018, sponsored by the University of Liverpool. Supporting organizations include the Bill & Melinda Gates foundation, other…
Many have touted the inclusion of data from outside the firm as a way to improve forecast accuracy. The idea is that, with the incorporation of more information to explain the demand signal, forecasts are bound to be better. In…
After many months of angst about rapidly rising commodity prices, indications are that they are coming back down. This presents an opportunity for a data-driven business that uses advanced analytics. Though there is pain in operating a supply chain under…
There has never been a more challenging time for the trucking industry. From driver retention and recruiting, to safety, maintenance, and fuel savings, leading companies are now beginning to use a data analytics approach to improve their operations and financial…
Alison Crawford, Senior Manager, Industry and Solutions Marketing at Kinaxis and Jenny Reese, Senior Manager, Solutions Marketing at Kinaxis sat down with Rob Stevens to discuss how Covid-19 has impacted supply chains and suggestions to make any supply chain disruption…