Dec 4, 2006
Although we have tried to make Lokad as simple and intuitive as possible, statistical forecasting is a counter-intuitive science with many traps. In this post, I am going to describe one of the most frequent mistakes that I have encountered within many companies. In a nutshell, it is wrong to make a sum of forecasted values. Since the problem is quite hard to grasp, let’s start with an example.
Let’s say that you have 3 shops; and that those 3 shops are selling coconuts.
Nov 28, 2006
We have released the first version Lokad. This release features already a state-of-the-art AJAX-enabled web application. We have tried to provide a user experience as smooth as possible, including a lot of contextual help content. Yet, we are aware that our documentation section is quite weak at the time. If you feel that some aspects of the Lokad website and/or technology should be more documented, do not hesitate to contact us, we will be more than happy to provide answers (and possibly documentation ASAP).
Nov 27, 2006
My name is Joannes, I am usually blogging from my own blog, but since we have decided to setup a blog entirely dedicated to Lokad, I am going write directly on this blog. Lokad is a project that I have started one year ago. This project was initialy titled Supply Chain Optimization, Reducing inventory and Ruptures during a talk in March 2006 at the Entrepreneurship session of the Insead in Fontainbleau (south of Paris).