Forecast Pro User Conference

Cambridge, MA • September 27-29, 2021

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User Conference Overview

The Forecast Pro User Conference empowers you to get the most out of Forecast Pro by meeting with and learning from fellow users, forecasting experts and the Forecast Pro team. This content-rich event is designed to help you to improve your forecasting by focusing on “real life” business scenarios and offering practical solutions that you can implement in your own organization.

We’ve purposely structured the conference to be an intimate event so that you can make valuable connections with other Forecast Pro users to share your knowledge and ideas. This is your opportunity to understand how other forecasters use the software, to discover how they’ve solved problems similar to those that you face and to compare notes on forecasting practices.

The conference is jam-packed with a variety of session types—including Forecast Pro demonstrations, hands-on workshops, user case studies, tutorials, panels and networking events—all of which are designed to help you get the most out of Forecast Pro and strengthen your forecasting process.

Schedule At-a-Glance

Monday, September 27

  • Forecast Pro: Past, Present, and Future
  • Tales from the Road: How to get the Most from Forecast Pro
  • Exponential Smoothing Demystified
  • Client Case Study
  • Forecasting the Impact of Promotions and Other Events
  • Hands-On Breakout Sessions:
    – How to Unleash the Power of the Override Grid
  • Evening Cocktail Party

Tuesday, September 28

  • Defining and Executing a Forecasting Process
  • Effective Strategies for Forecasting New Products
  • Client Case Study
  • Forecast Accuracy and Evaluation
  • Hands-On Breakout Sessions
    – How to Unleash the Power of the Override Grid
    – Dynamic Regression

Wednesday, September 29

  • Working with Others to Establish the Final Forecasts
  • How do I… ?

Monday, September 27

Forecast Pro: Past, Present and Future
Eric Stellwagen: Eric kicks off the conference by explaining how Forecast Pro has changed over the years in response to clients’ expanding needs, reviewing the new features introduced in the latest product releases, and sharing his vision of how Forecast Pro will continue to evolve in the future.

Tales from the Road: How to get the Most from Forecast Pro
James Berry: By working with scores of Forecast Pro clients— not only teaching them how to use the software, but helping them to design, implement and improve their forecasting systems James has earned a unique perspective on the practical challenges users face. In this session he will share his insights on common roadblocks and tips and techniques for getting around them.

Exponential Smoothing Demystified
Eric Stellwagen: Eric will review the ins and outs of this popular forecasting method which is not a single model but rather a family of models. You will learn what exponential smoothing models are, how they work and when they should be applied. Eric will explain the models’ assumptions about underlying data components, and show you how to select an appropriate model and interpret the output including the smoothing weights and final values.

Client Case Study
To be announced

Forecasting the Impact of Promotions and Other Events
Sarah Darin: If you face product promotions, large one-time orders and/or other irregular events, event models can improve forecast accuracy. Sarah will explain how events models work and when to use them, demonstrate how to build the models using customized event variables that suit the needs of your business, and illustrate the significant improvements in forecast accuracy that you can achieve by implementing these models.

Hands-on Breakout Sessions
• How to Unleash the Power of the Override Grid

 

Tuesday, September 28

Defining and Executing a Forecasting Process
James Berry: James will review a framework to help your team create a roadmap for designing, implementing and improving upon your forecasting process. With a focus on best practices, he will address creating a forecast process, setting up hierarchies and data effectively, incorporating outside data, collaborating with others to establish the final forecasts, measuring and tracking forecast accuracy, and gaining acceptance for the forecasts within the organization.

Effective Strategies for Forecasting New Products
Eric Stellwagen: Eric will review the main categories for new products—replacement products, product line extensions, “new to company” products and “new to world” products— explaining how the type of new product being offered will dictate which forecasting methods to consider. You will learn about the pros and cons of the different approaches available for forecasting new products in each category and Eric will demonstrate some of the more popular methods including item supersession, forecast by analogy and the Bass diffusion model.

Client Case Study
To be announced

Forecast Accuracy and Evaluation
Eric Stellwagen: You will learn the ins and outs of tracking forecast accuracy as Eric explains why it is it is critical to measure and monitor performance. You will learn the differences between within-sample and out-of-sample errors, approaches to measuring forecast error, the pros and cons of popular accuracy measures, how to implement accuracytracking, and how exception reports can streamline the review process.

Hands-on Breakout Sessions
• How to Unleash the Power of the Override Grid
• Dynamic Regression

 

Wednesday, September 29

Working with Others to Establish the Final Forecasts
To be announced

 

How Do I…?
Panel: This session gives you the opportunity to get answers from a panel of Forecast Pro experts on any questions you may have about the software.

Full Agenda & Registration

 

 

Venue & Accomodations

MIT Samberg Conference Center

MIT Samberg Conference Center

MIT Samberg Conference Center

The Forecast Pro User Conference 2021 will be held at the MIT Samberg Conference Center. Located on the MIT campus in Cambridge, Massachusetts, this state-of-the art conference facility features panoramic views of the Charles River and Boston skyline.

Accommodations are available at the Residence Inn by Marriott Boston Cambridge located in Kendall Square, a 10-minute walk from the conference center. A reduced room rate of $299/night — which includes a complimentary hot breakfast buffet — is available if you book your room by September 6, 2021. Limited rooms are available so we encourage you to book your hotel room online now. You can also reserve a room by calling the hotel directly at +1.617.349.0700 and indicating that you are attending the Business Forecast Systems User Conference to obtain the discounted rate.

Speakers

Full Agenda & Registration