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ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.
Despite the worldwide chaos, UAE national airline Etihad has managed to generate productivity gains and cost savings from insights using data science. They also wanted to be able to demonstrate cost reductions. Financial benefits and cost savings became a big driver in quite a lot of the use cases shortlisted by Etihad.
By allowing that, they could have a steady demand forecast based on sensing algorithms and react faster to such events. He has delivered hundreds of millions of dollars of impact to his clients in High-Tech CPG and Manufacturing Industries, particularly in the areas of demand forecasting, inventory and procurement planning. Transcript.
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