CMAF FFT: Intermittent Demand Forecasting
Channel: Lancaster CMAF
Date: 2023-03-02

This is the fifth webinar in the 3 Season of "Friday Forecasting Talks", hosted by Centre for Marketing Analytics and Forecasting of Lancaster University, UK.
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Video mentioned in the webinar: https://www.youtube.com/watch?v=m_mI5SCjiYQ

*Content of this video*
00:00 - Introduction
07:17 - Inventory perspective to intermittent demand
27:00 - Order-Up-To Level policy
17:05 - Inventory performance evaluation
20:40 - Distributions for intermittent demand
26:25 - Forecasting mean and variance of demand
31:10 - Accuracy measures
34:10 - Intermittent demand classification
36:50 - Non-parametric approaches
38:40 - Q&A

The abstract: In this webinar, John and Aris will talk about their book, “Intermittent Demand Forecasting. Context, Methods and Applications”. They will explain why the topic of the book is important in business and how some typical inventory – forecasting problems can be solved using state of the art robust approaches.

Speaker 1: John Boylan
Bio: John is Professor of Business Analytics at Lancaster University. His research interests are focused on supply-chain forecasting and include intermittence, seasonality and information sharing. He is an Editor-in-Chief of the Journal of the Operational Research Society and President of the International Society for Inventory Research.

Speaker 2: Aris Syntetos
Bio: Aris is Professor of Operational Research at Cardiff University, where he researches forecasting for improving inventory, manufacturing, and supply chain decisions. He holds the DSV Chair of Logistics and Manufacturing, and he is the Editor-in-Chief of the IMA Journal of Management Mathematics.