Forecast Multiple Time Series Like a Master
Author:Murphy | View: 24683 | Time: 2025-03-23 18:47:56

I deal with forecasting multiple time series in business (to be precise, demand forecasting). In my previous article Sell Out Sell In Forecasting I presented the methodology that I implemented at Nestlé for demand forecasting. In this article, I would like to introduce you to the universal (which doesn't mean ideal) algorithms currently in use for forecasting multiple time series – such as state of the art for time series. For a retailer or manufacturer, forecasting demand is key to business. It allows them to create more accurate production plans and optimize their inventory. Unfortunately, many companies (not Nestlé