Developing accurate forecasts is never easy. The current economic environment makes it even more challenging and many businesses have a bias to over forecast... Read More...
Many firms have no strategy for dealing with unforecastables and some even pretend that all items are statistically forecastable. Statistical tests need to b... Read More...
Dr. Jain (Chief Editor of the IBF’s Journal of Business Forecasting), and I have recently been collaborating on an article that is a wake up call for Planning... Read More...
It is bad enough that consumer behavior is never 100 percent predictable, but the unpredictable behavior of management also compounds forecasting errors. Ove... Read More...
DOW up, DOW down; oil prices spike, oil prices spiral down; jobless claims up, jobless claims steady!! The news is full of contradictions. Is it the start of ... Read More...
Who defines and says what are best practices? The person speaking? The loudest voice? The person with the most expensive shoes? The person with the most impre... Read More...
I was asked recently to clarify my previous objections to a “One Number” planning world! In the late 90’s and early 2000’s there was a movement underfoot to d... Read More...
No I’m not talking about the Chicago Cubs or deep dish pizza.
Rather, I’m talking about our third Best of the Best S&OP Conference, co-sponsored by APICS... Read More...
I recently came across this white paper with the above title, written by a company called AGENTRICS, which I found very strange and contradictory.
Here are ... Read More...
It’s a warm June morning in Omaha, the phone rings and you answer. The man on the other end of the line explains that there has been an explosion at your pro... Read More...
