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Traditional Forecasting Methods

Traditional Forecasting Methods As seen in Part 1, Forecasting is an important part of the demand planning strategy. Human beings have been cognizant of the importance of forecasting since time immemorial. We have forecasted weather patterns to understand mother nature to become an agrarian community from hunters an...

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Introduction To Container Orchestration - Kubernetes

Container Orchestration - Kubernetes As we know how popular the Containers have become in today’s IT world. Most of the large organizations have moved out of their traditional approach of using virtual machines and started adapting Containers for deployment. Kubernetes (“koo-burr-NET-eez”) is the conventional pron...

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Data Transformation (Part 2)| Normalisation techniques

We will discuss different data normalisation methods such as value mapping normalisation, discretization normalisation, equal width discretization , egual frequency discretization and aggregation normalisation

Data Transformation | Normalisation techniques In the part 1 of the series we looked at the various methods of normalising the data including min-max and box-cox transformations. In this part we look at the following Value Mapping Discretization Equal Width Discretization Equal Frequency Discretization Aggrega...

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Data Transformation (Part 1) | Normalisation Techniques

The process of normalisation entails converting numerical values into a new range using a mathematical function. Two common normalisation methods are min-max normalisation and z score normalisation

Data Transformation | Normalisation Techniques Almost always when we get raw data in any project, it is unfit for direct consumption for analysis or modelling . It is a especially a concern when the data volume is huge for example in a big data analytics project . In this blog post I cover a few of the most commo...

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Why Demand Planning?

Demand Planning An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts - for support rather than for illumination. After Andrew Lang </em> All business planning is underpinned by forecasts - sales of new and existing products, availability of Raw materials. Yet no one has a crystal ...

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Advantages of ReactJS

Advantages of ReactJS ReactJS is an open source JavaScript library which is developed by Facebook. At present, React is being maintained by Facebook and Instagram along with an open source community. The features provided by ReactJS enable developers to create interactive and compelling user interfaces (UIs) for var...

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