On the sixth episode of "Value Matters," Johann welcomes Nikos Kourentzes, a professor of predictive analytics at the University of Skovde in Sweden. Nikos conducts research on predictive analytics, mostly in the realm of supply chain management. In a recent article titled "Forecasting in Practice: Is Forecast Accuracy Really the Issue?" Nikos shares his latest research on what he refers to as forecast congruency. This research will soon be published in a working paper with Kandrika Pritularga. In this research, he focuses on a specific characteristic of a forecast: its stability over time, a characteristic he calls congruency. As he explains, "firms have often preferred forecasts that are more similar over time, as these may lead to easier decisions afterwards, such as orders to replenish inventory." In this episode, Nikos and Johann discuss this concept of stability/congruency, its implementation, and its potential impact on supply chains. Subscribe to the Value Matters podcast now and get ready to unlock the secrets of driving maximum value in supply chain. And remember... when it comes to improving and optimizing activities, "value matters" more than anything else! To learn more about this episode's guests and the topic discussed, please refer to: 👉 Nikos Kourentzes recent article : https://www.linkedin.com/pulse/forecasting-practice-forecast-accuracy-really-issue-nikos-kourentzes-zq13c/ 👉 Simon Spavound, Nikolaos Kourentzes : https://forecasters.org/blog/2022/10/18/foresight-free-article-making-forecasts-more-trustworthy/ 👉 Nikos Kourentzes LinkedIn profile: https://www.linkedin.com/in/nikos-kourentzes-3660515/ 👉 Johann Robette LinkedIn profile: https://www.linkedin.com/in/johann-robette/ 👉 Value Matters LinkedIn page: https://www.linkedin.com/company/value-matters/ And to dive deeper on this topic, here's additional ressources from other experts : 👉 Stefan de Kok : https://o9solutions.com/best-practices/measuring-forecast-stability-applying-the-right-metric/ 👉 Jente Van Belle, Ruben Crevits, Wouter Verbeke : https://econpapers.repec.org/article/forijafaa/y_3a2023_3ai_3a69_3ap_3a49-55.htm

Get ready for an eye-opening episode of 'Value Matters' as we dive into the world of Probabilistic Forecasting and Probabilistic Decision Making with none other than Stefan de Kok, a true expert and thought leader in the field.

Stefan's rich background in supply chain analytics and probabilistic optimization makes him the perfect guide for this discussion. His influence has been pivotal in driving the widespread adoption of probabilistic forecasting techniques across various industries.

During the episode, Stefan and Johann take a deep dive into the core principles of probabilistic forecasting, emphasizing its crucial role in handling uncertainties and minimizing risks in supply chain operations. But it doesn't stop there! They also explore the practical applications of probabilistic decision-making processes, offering valuable insights into how organizations can supercharge their supply chain performance.

Join us as we peel back the layers of complexity in supply chain management and uncover the game-changing potential of probabilistic forecasting in shaping business decisions.

Ready to learn more? Connect with Stefan de Kok on LinkedIn and check out his insightful articles on supply chain topics:

👉 Connect with Stefan de Kok on LinkedIn: https://www.linkedin.com/in/wahupa/

👉 Stefan de Kok "Supply Chain Articles By Topic": https://www.linkedin.com/pulse/supply-chain-articles-topic-stefan-de-kok/

Don't forget to connect with Johann Robette and follow 'Value Matters' on LinkedIn for more engaging discussions and valuable insights into maximizing value across different industries:

👉 Johann Robette LinkedIn profile: https://www.linkedin.com/in/johann-robette/

👉 Value Matters LinkedIn page: https://www.linkedin.com/company/value-matters/

On the fourth episode of "Value Matters," Johann welcomes Eric Wilson, a thought leader, IBF director, podcast host, speaker, and author of the book "Predictive Analytics for Business Forecasting & Planning." Eric, an ex-practitioner driven by passion, has gained recognition as a thought leader and serves as the prominent voice of the Institute of Business Forecasting & Planning through its widely acclaimed "IBF On Demand" podcast. During their conversation, Eric and Johann delve into the role, advancements, specific challenges, and notably, the return on investment (ROI) of predictive analytics. Eric's hands-on experience as a practitioner, coupled with his expertise in "applied" predictive analytics and close engagement with over 500,000 IBF members, grants him a unique perspective to observe real-world scenarios. Subscribe to the Value Matters podcast now and get ready to unlock the secrets of driving maximum value in the supply chain. And remember... when it comes to improving and optimizing activities, "value matters" more than anything else! To learn more about this episode's guests and the topic discussed, please refer to: 👉 IBF On Demand podcast: https://ibf.org/podcast 👉 Eric Wilson book: https://www.amazon.com/Predictive-Analytics-Business-Forecasting-Planning/dp/0983941386 👉 Eric Wilson LinkedIn profile: https://www.linkedin.com/in/wilsondemand/ 👉 IBF website: https://ibf.org 👉 IBF's Cost of Forecast Error Calculator: https://ibf.org/knowledge/calculator/under 👉 Johann Robette LinkedIn profile: https://www.linkedin.com/in/johann-robette/ 👉 Value Matters LinkedIn page: https://www.linkedin.com/company/value-matters/