Easily Build Forecasting Systems: Avoid Costly AI & ERP Programs!
Businesses must predict demands, and 74% use formal systems. Enterprise Resource Planning (ERP) and Artificial Intelligence (AI) account for 92% of successes. In 2026, average, annual, program costs, for small firms, were $10,000/user, and for mid-sized-businesses, the initial $150,000 implementation costs soared to $750,000. Large entities spend $15+ million annually, while 26% of companies do not have formal forecasting methodologies. Thus, Dr. Clark (who held senior staff and executive positions and served as a Professor) wrote this book, teaching forecasting basics, so you can eliminate high-priced programs and, more importantly, prepare highly accurate forecasts. This is especially when one realizes that "AI should handle 70% of a task, leaving the human focus on the remaining 30%." Despite many methods, they rely on judgments (e.g., rules-of-thumb or guestimates) or analytics (e.g., regressions or time series). Easily implemented judgmental methods have problems. Sales reps fearing job losses often inflate estimates, while those believing bonuses will be higher if they low ball predictions will do exactly that. As for many analytical approaches, they rely on variables that have already been forecast or found from marketing studies. Although different methods exist, the one herein described is preferred by industry leaders. Hence, after you read this book and perform its exercises you will know how to prepare baseline forecasts, and handle seasonality, day of week effects, competitve influences, key customer demands, product and employee differences, promotional and post-promotional impacts, etc. You will also learn how to predict sales of never before sold items, prepare reasonability defaults and develop confidence intervals showing upper and lower bound ranges for your forecasts, etc. These tasks will be done using spreadsheets and without the need for advanced statistical training, so you can PROVE YOUR GENIUS ABILITIES WARRANTING HIGHER EARNINGS.
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Easily Build Forecasting Systems: Avoid Costly AI & ERP Programs!
Businesses must predict demands, and 74% use formal systems. Enterprise Resource Planning (ERP) and Artificial Intelligence (AI) account for 92% of successes. In 2026, average, annual, program costs, for small firms, were $10,000/user, and for mid-sized-businesses, the initial $150,000 implementation costs soared to $750,000. Large entities spend $15+ million annually, while 26% of companies do not have formal forecasting methodologies. Thus, Dr. Clark (who held senior staff and executive positions and served as a Professor) wrote this book, teaching forecasting basics, so you can eliminate high-priced programs and, more importantly, prepare highly accurate forecasts. This is especially when one realizes that "AI should handle 70% of a task, leaving the human focus on the remaining 30%." Despite many methods, they rely on judgments (e.g., rules-of-thumb or guestimates) or analytics (e.g., regressions or time series). Easily implemented judgmental methods have problems. Sales reps fearing job losses often inflate estimates, while those believing bonuses will be higher if they low ball predictions will do exactly that. As for many analytical approaches, they rely on variables that have already been forecast or found from marketing studies. Although different methods exist, the one herein described is preferred by industry leaders. Hence, after you read this book and perform its exercises you will know how to prepare baseline forecasts, and handle seasonality, day of week effects, competitve influences, key customer demands, product and employee differences, promotional and post-promotional impacts, etc. You will also learn how to predict sales of never before sold items, prepare reasonability defaults and develop confidence intervals showing upper and lower bound ranges for your forecasts, etc. These tasks will be done using spreadsheets and without the need for advanced statistical training, so you can PROVE YOUR GENIUS ABILITIES WARRANTING HIGHER EARNINGS.
14.98
In Stock
5
1
Easily Build Forecasting Systems: Avoid Costly AI & ERP Programs!
70
Easily Build Forecasting Systems: Avoid Costly AI & ERP Programs!
70
14.98
In Stock
Product Details
| ISBN-13: | 9781967287086 |
|---|---|
| Publisher: | Leading Insights |
| Publication date: | 12/12/2025 |
| Pages: | 70 |
| Product dimensions: | 7.00(w) x 10.00(h) x 0.15(d) |
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