On November 10th 2021, Industry IoT will host a 90-min session in which Piet Buyck (CEO at Garvis) and Tineke Kok (Global IBP Manager at Jacobs Douwe Egbers) take a deep dive in their experience with AI for Demand Planning.
Better deal with change and complexities
The environment of organisations is changing at an unprecedented rate. Traditional forecasting methods, that rely heavily on historical data, are under pressure. Planners lack the time and tools to assess new data and integrate changes, which results in a decreasing forecast accuracy. The cost of the current approach is going out of control in view of the increasing complexity of the world and the scarcity of knowledge workers.
Artificial Intelligence (AI), as part of a “bionicated” process, can be the workhorse that lowers dramatically the cost of dealing with that complexity and provides better access to new revenue opportunities.
In this session, Piet Buyck, CEO at Garvis and Tineke Kok, Global IBP Manager at Jacobs Douwe Egberts (JDE), discuss about the challenges they are facing, and their experience with AI for Demand Planning. They will deep dive into the possibilities this technology brings, and the impact it can have on the business.