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THE BIG FESTIVAL ABOUT SMALL CITIES
Tom Tom champions civic innovation, creativity, and entrepreneurship in America’s hometowns.

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Thursday, April 11 • 10:50am - 11:05am
Automated Time-Series Model Selection at Scale

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In logistics, accurate forecasting of incoming demand is the first and most crucial step in a long value chain leading all the way down to getting a package through the last mile. Near term forecasts are necessary for resource balancing and shift staffing, with long-term forecasts instrumental in large-scale capital purchases and network modifications (“How many 747s do we need to buy this year, anyway?”). Across a network of more than 2000 sites, each with its own schedules and services, the number of forecasts and planning permutations begins to enter the millions. 
In this talk, we will walkthrough at a high-level the automated framework that we implemented in R and Spark for a global logistics company that produces over 35 million forecasts weekly. Planning the future, all without the click of a button! 

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Speakers
avatar for Carlos Blancarte

Carlos Blancarte

Data Scientist, Elder Research
Carlos Blancarte is drawn to analytics for its power to capture complex relationships and influence decision making. Previously, Carlos was lead statistician for a marketing research firm where he engaged in every stage of the project lifecycle from collecting, cleaning and analyzing... Read More →
avatar for William Goodrum

William Goodrum

Data Scientist, Elder Research, Inc.
Will Goodrum is a Data Scientist with Elder Research, Inc., a Data Science and Machine Learning consultancy based in Charlottesville, VA. During his time with ERI, Will has provided Data Science and strategy consulting services to clients in industries like maritime risk, logistics... Read More →
avatar for Henry Harris

Henry Harris

Student, University of Virginia
Henry is a fourth-year student at the University of Virginia studying Computer Science and Economics. He spent this past summer as an intern with Elder Research’s Data Science team here in Charlottesville, working primarily on time series predictive software. Outside of data science... Read More →

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