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  • Session 4 Final V1

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    Gowsik G
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    The document summarizes key topics covered across three sessions on analytics and forecasting: Session 1 covered data ecosystems, CRISP-DM process, and types of analytics. Session 2 focused on qualitative and quantitative forecasting techniques like time series and econometrics, using case studies in demand forecasting. Session 3 demonstrated time series forecasting with ARIMA and case studies in clothing and energy demand forecasting.

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    The document summarizes key topics covered across three sessions on analytics and forecasting: Session 1 covered data ecosystems, CRISP-DM process, and types of analytics. Session 2 focused on qualitative and quantitative forecasting techniques like time series and econometrics, using case studies in demand forecasting. Session 3 demonstrated time series forecasting with ARIMA and case studies in clothing and energy demand forecasting.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views9 pages

    Session 4 Final V1

    Uploaded by

    Gowsik G
    The document summarizes key topics covered across three sessions on analytics and forecasting: Session 1 covered data ecosystems, CRISP-DM process, and types of analytics. Session 2 focused on qualitative and quantitative forecasting techniques like time series and econometrics, using case studies in demand forecasting. Session 3 demonstrated time series forecasting with ARIMA and case studies in clothing and energy demand forecasting.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 9

    Story so far….

    Session 1 Session 2
    • Data Ecosystem • Forecasting
    • CRISP-DM • Qualitative, Quantitative
    • Types of Analytics • Pessimistic, Optimistic
    • Why Analytics is getting prominent • Time Series, Econometric
    • Case Study-Comcast • Case Study-Demand based on Price

    Session 3
    • Time Series Forecasting Using ARIMA
    • Case Study-Clothing
    • Case Study-Energy Demand
    ???

    Materials, Information, Money


    Why do we need inventory & Inventory Strategy
    Inventory Strategy

    Build to Order Make to Order

    Economic of Scale Demand Variation Decoupling Points

    Hedging Long lead time Markdowns


    EOQ

    Q-> Quantity
    D->Annual Demand
    S->Order Cost
    H->Holding Cost
    ABC Analysis
    Industry 4.0
    Big Data- The 4 5 V’s

    Value
    AI vs ML vs DS vs DA
    Predictive Maintenance

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