Seasonal based on time of the year.
Product: highly seasonal.
In the early 1990s this manufacturing company was facing a financial challenge. The UK economy was in recession and the marketplace was changing. There were challenges to forecasting and the management of working capital.
The purpose of this webinar is to give an overview of how these challenges were handled in those times based on the available tools in the 1990s.
Now in the year 2022 technology has improved significantly, especially with the advent of the Cloud. Computing power has significantly improved and is now highly scalable with distributed architecture.
Also with the advent of Artificial Intelligence (AI) & Machine Learning Techniques and powerful languages like Python and open source technologies it is now possible to forecast more accurately.
This webinar contrasts solutions developed during the 1990s with the much simpler,more accurate,scalable and reliable solutions using Machine Learning techniques that are available today.