{"id":8609,"date":"2020-07-20T07:04:42","date_gmt":"2020-07-20T11:04:42","guid":{"rendered":"https:\/\/demand-planning.com\/?p=8609"},"modified":"2020-07-20T07:04:42","modified_gmt":"2020-07-20T11:04:42","slug":"ibf-on-demand-episode-10-stop-saying-forecasts-are-always-wrong","status":"publish","type":"post","link":"https:\/\/demand-planning.com\/2020\/07\/20\/ibf-on-demand-episode-10-stop-saying-forecasts-are-always-wrong\/","title":{"rendered":"IBF ON DEMAND EPISODE 10: STOP SAYING FORECASTS ARE ALWAYS WRONG"},"content":{"rendered":"<span class=\"cb-itemprop\" itemprop=\"reviewBody\"><p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/fjryYXMimCc\" width=\"727\" height=\"409\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>The last episode of\u00a0<a href=\"https:\/\/www.youtube.com\/channel\/UCIDyayZeWzrBgzOSgHVIitQ?view_as=subscriber\" target=\"_blank\" rel=\"noopener noreferrer\"><em>IBF On-Demand<\/em><\/a>, sponsored by Arkieva, is available to watch now.<\/p>\n<p>Our goal as forecasters is not to be precise, but to provide insight. Here I get on my soapbox and I share why saying \u201cforecasts are always wrong\u201d leads to a negative mindset and limiting behaviors, and why we need to move from a single point forecast to range forecasts. It\u2019s time to get comfortable with uncertainty, ladies and gentlemen, because there is great insight hiding in uncertainty and variability that can drive better business decisions.<\/p>\n<h4>Watch previous episodes:<\/h4>\n<ul>\n<li><strong>Episode 9:<\/strong>\u00a0<a href=\"https:\/\/youtu.be\/4hRu28BoS4U\" target=\"_blank\" rel=\"noopener noreferrer\">Data Scientists Suck at Demand Planning<\/a><\/li>\n<li><strong>Episode 8:<\/strong>\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=dhfA0r1dgYs\" target=\"_blank\" rel=\"noopener noreferrer\">Developing Your Demand Planning Career<\/a><\/li>\n<li><strong>Episode 7:<\/strong>\u00a0<a href=\"https:\/\/youtu.be\/aNyXYXLwo1U\" target=\"_blank\" rel=\"noopener noreferrer\">Building Bridges with Supply Planning<\/a><\/li>\n<li><strong>Episode 6:<\/strong>\u00a0<a href=\"https:\/\/youtu.be\/WukMJ3SYpsc\" target=\"_blank\" rel=\"noopener noreferrer\">The Magic of Forecast Value Added<\/a><\/li>\n<li><strong>Episode 5:<\/strong>\u00a0<a href=\"https:\/\/youtu.be\/uGJInAsEgE8\" target=\"_blank\" rel=\"noopener noreferrer\">Is S&amp;OP Dead?<\/a><\/li>\n<li><strong>Episode 4:<\/strong>\u00a0<a href=\"https:\/\/youtu.be\/piyfdod4eF4\" target=\"_blank\" rel=\"noopener noreferrer\">Predictive Analytics Implementation<\/a><\/li>\n<li><strong>Episode 3:<\/strong>\u00a0<a href=\"https:\/\/youtu.be\/NnoVABu1M0I\" target=\"_blank\" rel=\"noopener noreferrer\">Segmentation &amp; Clustering<\/a><\/li>\n<li><strong>Episode 2:<\/strong>\u00a0<a href=\"https:\/\/youtu.be\/8304Jsv3Ew8\" target=\"_blank\" rel=\"noopener noreferrer\">Forecasting Amid Coronavirus<\/a><\/li>\n<li><strong>Episode 1:<\/strong>\u00a0<a href=\"https:\/\/youtu.be\/rlFeA2C0SZc\" target=\"_blank\" rel=\"noopener noreferrer\">Will AI Take Our Jobs?<\/a><\/li>\n<\/ul>\n<\/span>","protected":false},"excerpt":{"rendered":"<p>The last episode of\u00a0IBF On-Demand, sponsored by Arkieva, is available to watch now. Our goal as forecasters is not to be precise, but to provide insight. Here I get on my soapbox and I share why saying \u201cforecasts are always wrong\u201d leads to a negative mindset and limiting behaviors, and why we need to move [&hellip;]<\/p>\n","protected":false},"author":3470,"featured_media":8612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[386],"tags":[],"class_list":{"0":"post-8609","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analytics"},"_links":{"self":[{"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/posts\/8609"}],"collection":[{"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/users\/3470"}],"replies":[{"embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/comments?post=8609"}],"version-history":[{"count":0,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/posts\/8609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/media\/8612"}],"wp:attachment":[{"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/media?parent=8609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/categories?post=8609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/tags?post=8609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}