What inspired this Wish List Request?
My customer is considering using a time series forecasting platform for demand forecasting. In this situation, the predicted values must be positive. Sometimes JMP produce forecast which is negative value. It is not practical information in demand forecasting area.
Please describe the new or improved feature or solution you would like to see
In time series platforms, there is an option for Box-Cox transformation. The customer thinks this is an alternative approach when a forecast needs to be positive. It would be good if the time series forecasting platform had a similar option.
What would the value be to you and/or other users if this new feature is provided?
Currently, the user needs to manually transform data and retransform the prediction value. It is time consuming and complicated. An option for transformation will reduce a customer's time.
Is this an external customer request?
Yes, TOTO Ltd. is requesting this option.
Is there a competitive software package that has this feature or solution that we should be aware of?
I don't have a specific software name, but the customer said that typically demand forecasting software does not produce a negative forecast.
Will this impact a renewal, expansion, or adoption at a customer, and does this put an account at risk if we do not address this?
This feature enables user expansion especially division related to supply chain in manufacturing company.