Achieving Excellence in Forecasting

Thursday 13 May, 2021 | 11:30 a.m. (LKT)


Forecasting is an age-old business process – which still challenges most businesses today. To be able to consistently and accurately forecast Sales, Demand, Costs, Inventory, etc is probably the #1 priority for almost everyone.

Often, the inability to get a good forecast leads to significant business impact.  Inaccurate forecasting results in over-provisioning or under-utilization of resources, over-stocking or under-stocking, which results in high wastage and costs, affecting the bottom line and the success of the business.

The goal of a good forecast is to get you enough confidence to make  sound business decisions



In this webinar we discuss 

  • Common methods of forecasting, and why do they give inaccurate results
  • How to improve forecasting accuracy
  • How to incorporate very easy tools for Machine Learning & Artificial Intelligence for getting accurate and scalable forecasts
  • Why is scale,  granularity & agility important, and how these help in better ROI, less wastage & optimal processes

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excellece in forecasting


Sankha Muthu Poruthotage

Sankha Muthu Poruthotage

CEO, Co-Founder and Chief Data Scientist

Sankha Muthu Poruthotage is the CEO, Co-Founder, and Chief Data Scientist at Linear Squared.
He is a Data Scientist by profession and has worked in Market Research, Finance, and Insurance sectors for many years in Sri Lanka and the USA.

He has a Ph.D. in Statistics from the University of Connecticut.

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