AI-Powered Demand Forecasting

August 13, 2021

by Casey Castellanos

Ai Powered Demand Forecasting Webcast Blog

In our recent webcast, AI-Powered Demand Forecasting, Farshad Kheiri and Kristin Brennan discussed how businesses have responded to the changes in their customers’ buying patterns during the past year. Businesses have invested in digital transformation initiatives to keep pace, such as letting customers buy online or pick up in-store. 

Unfortunately, traditional approaches to demand forecasting can’t handle the complexity of this new model. As a result, businesses often find they’re even more short-staffed, while hourly employees and customers get more frustrated.  

What You’ll Learn

Watch this on-demand webcast, and you’ll learn how to use:

  • Automated Machine Learning to deliver the most accurate forecasts — across all channels and locations
  • Demand forecasts to create optimized labor plans and AI-generated schedules automatically
  • Best practices to measure forecast accuracy

Q&A

Kristin and Farshad discussed the most common questions. Here are just a few.

  • Is my forecast good or bad? Should it be 75%, 90%, 100% accurate?
  • How can I aggregate results?
  • Over what time period should I forecast? Are trends important?

Watch now to learn how your business can automatically achieve forecast excellence across all your locations.

Meet Our Webcast Speakers

Farshad Kheiri is the Head of AI Innovation Lab at Legion. He has more than 12 years of experience in the Data Science field. Previously, Farshad built, led, and managed data science teams for companies like BCG. He also worked on AI solutions for blockchain-based technology. Before that, he worked in academia at the UCLA Neurology department, where he contributed to NSF- and NIH-funded research. Farshad holds a Ph.D. in Electrical Engineering with a Minor in Mathematics, and he has two Masters degrees focused on Electrical Engineering and Digital Signal Processing.

Kristin Brennan is the VP of Marketing at Legion. She has twenty years of experience in enterprise software marketing. Previously, she was Vice President of Marketing at Datrium, a leader in Disaster Recovery as a Service, acquired by VMware. She’s also served as the VP of Marketing at LightStep and Sencha. In addition, Kristin has held leadership roles at Coverity (acquired by Synopsys) and HP Software. Kristin holds an MBA from UC Berkeley.