Demand Planners readily recognize the challenge of creating business forecasts, and perhaps have an appreciation for the thankless job weather forecasters have.... Read More...
Imagine you’re in the middle of the monthly S&OP meeting, and you’ve come to the point on the agenda that says: “review forecast accuracy KPIs”. You can alr... Read More...
It is essential to continuously revisit and modernize your demand forecasting processes so they adapt to current market realities. This article outlines the bas... Read More...
Have you considered there may be a better way to structure supply chain? I have sure have and it doesn’t look much like the linear Supply Chains of today. Why n... Read More...
Ignorance occurs when the outcomes are not known (or predicted); uncertainty occurs when the outcomes are known (or predicted) but the probabilities are not; an... Read More...
Since 2011, I’ve been teaching Supply Chain Risk Management at Lehigh University. Developing a new MBA class in Supply Chain Risk for our supply chain MBA stude... Read More...
Predictions are big business. The market for predictive analytics is expected to reach $12.4 Billion by 2022 as Artificial Intelligence (AI) becomes more widesp... Read More...
Over the past few years, the Demand Planning community has become quite starry eyed over advancements in predictive software and tools. The concepts of “Big Dat... Read More...
“30% forecast accuracy? Seriously? What do I pay you for? I could flip a coin and get better results than this!” Yes, we hear this as demand planners. And yes,... Read More...
At Nespresso, we started the Collaborative Demand Planning (CDP) initiative two years ago, with the aim of forecasting Nespresso sales in a data-driven way. The... Read More...
