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What is demand forecasting and where does it work best?
BlogDemand forecasting or demand planning is an approach that attempts to forecast or predict what demand for a product or service will be in the future. This could be done
Reducing food waste through better demand planning
Blog10+ million tons of food is wasted each year in South Africa. Retailers are using machine learning/AI to reduce food waste through demand forecasting.
Why forecasting matters for businesses
BlogImagine not checking the weather before packing to go away on a trip or not checking the traffic before beginning your rush hour drive home. These types of actions, and
Machine learning in the workplace
BlogGiven the complexity of data science, clear and intuitive communication of results is of the utmost importance. While most firms are good at collecting data, this data is rarely exploited
Economists as data scientists
BlogMany economists think of themselves as primarily economists and don’t realise that they share many tools and areas of interest with data science.
What has the Nobel prize in Economics got to do with Predict...
BlogWe’re very excited by the award since these three economists have been responsible for developing, applying and popularising a set of analytical tools we use.
Covid Vaccines: A Review of the Twitter Sentiment
BlogJust over a year ago, South Africa was in the middle of its first and most stringent COVID-19 lockdown (#level4lockdown); a period characterised by uncertainty and negativity. During May 2020,
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