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  • 1.  Increase Forecasting Trending

    Posted 11-13-2023 14:32

    If we see a consistent increase in volume (i.e. 10% more offered) week over week for several weeks, will Automatic Best Forecasting be smart enough to anticipate approximately 10% increase week over week moving forward?  Or will it try to average it out? 


    #Forecasting

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    Shelby Cronk
    ConvergeOne, Inc.
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  • 2.  RE: Increase Forecasting Trending

    GENESYS
    Posted 12-14-2023 05:37

    Hi Shelby,

    I am reviewing unanswered posts, did you get an answer to this question?



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    Tracy
    Genesys
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  • 3.  RE: Increase Forecasting Trending

    Posted 12-14-2023 12:19

    I have not received any response or answer yet. 



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    Shelby Cronk
    C1
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  • 4.  RE: Increase Forecasting Trending

    Posted 12-17-2023 03:20

    Hope you dont mind me jumping on your thread Shelby, but as a new user to Genesys Cloud, I am also interested to learn more about how automatic best method will treat situations like this. Also wanting to know more about how it treats outlier data. I am used to over many years being able to enter overlays (in pure engage) to ensure forecasting disregards outliers where things such as system outages/external impacts are driving volumes significantly higher or lower than 'normal'.



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    Tristan Oliver
    Commonwealth Superannuation Corporation
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  • 5.  RE: Increase Forecasting Trending

    GENESYS
    Posted 12-18-2023 13:58

    Hi Tristan, 

    Another great question! We handle outliers via the outlier and calendar effect detection and pattern detection phases of creating an ABM forecast. We look for three specific outliers: random pulses, temporal changes and level shifts. We then look to see if the outlier re-occurs during a particular time of the year, month, week, day and so on to identify if it is genuinely an outlier or a trend. 

    We understand that ML/AI can only do so much, so we do have it on our roadmap to give users the ability to help the ABM by tagging historical outliers and telling ABM how it should be handled for future forecasts. Unfortunately, we do not have a GA date for this feature as it is in the very early stages, but it is on our current roadmap. Could I contact you for any research purposes once we start actively working on this feature? 

    Thanks,



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    Daniel Chapdelaine,
    Product Manager, WFM Forecasting
    Genesys - Employees
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  • 6.  RE: Increase Forecasting Trending

    Posted 12-18-2023 16:59

    Hi Daniel, 

    Thanks so much for the reply, excited to hear about that being on the roadmap, our phone line volumes are subject to a number of temporary external factors that we wouldn't want to be included in future forecasting, so to have that type of control would be amazing. More than happy for you to reach out if I can assist with this.



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    Tristan Oliver
    Commonwealth Superannuation Corporation
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  • 7.  RE: Increase Forecasting Trending

    Posted 01-23-2024 09:45

    Hi, @Daniel Chapdelaine!  

    Could I possibly volunteer to assist with testing and research for this roadmap item?  We're having the hardest time getting our forecast under control due to process improvements we are making to our business; some weeks we have 50+ manual modifications on the forecast.  I shared this thread with my director, and he seems interested.



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    Amanda Ellis
    Real-Time WFM Analyst
    Bethlehem Shared Services
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  • 8.  RE: Increase Forecasting Trending

    GENESYS
    Posted 01-26-2024 10:46

    Hi Amanda, 

    I will keep you in mind when we prepare to research and test this feature. As always, if you have any questions or feedback about Forecasting in Genesys Cloud, feel free to contact me directly. I love hearing back from our users. 



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    Daniel Chapdelaine,
    Product Manager, WFM Forecasting
    Genesys - Employees
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  • 9.  RE: Increase Forecasting Trending

    GENESYS
    Posted 12-18-2023 13:50

    Hi Shelby, 

    I apologize for not getting your question sooner. At a high level, The Automatic Best Method forecast uses AI and ML to "clean" your history, identify outliers and calendar effects, detect patterns, and select the method that best fits your historical data. If the increase of 10% week over week is consistent in your history, then ABM would eventually pick up on it; there is no specific number of recurrences before ABM picks it up. For the first few weeks, it may average it out, and then, once it sees a consistent pattern, it will start taking that 10% into account for future forecasts. We also look at the past 90-day arrival pattern to help influence our forecasts. 

    Out of curiosity, what were you seeing from ABM? Feel free to e-mail me directly to continue the discussion. 

    I hope this helps! 



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    Daniel Chapdelaine,
    Product Manager, WFM Forecasting
    Genesys - Employees
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