Forecasting and Planning

Collaborative Planning Forecasting & Replenishment (CPFR) and the Extended Supply Chain

Has your organization been struggling to deliver a consistent fill rate to your client or service level to your client’s customers? Has it been challenging for your company to keep decent inventory coverage or maintaining satisfying forecast accuracy? If you answered yes to one of these questions, it might be time for your corporation to rethink some aspects of your supply chain. In… Read more>>

Transformation of Demand Planning, Procurement & Supply Chain with Data Analytics

Data can be defined as information in its raw form. Therefore it must be properly captured and organized in order for it to be useful and relevant to any business. Data is more available today than ever as a result of technology advancements (i.e. faster computers, mobile & handheld devices). Therefore, for businesses to succeed, they must be able to identify, capture, analyze and manage… Read more>>

A New Approach to Effective Demand Planning – Journal of Business Forecasting Summer 2014

Volume 33 Issue 2 Summer 2014 Click here to DOWNLOAD a preview of the latest Journal of Business Forecasting (JBF) Click HERE to become an IBF member and get a JBF subscription FREE FEATURED ARTICLES: A New Approach to Effective Demand Planning By Richard Loretto Global companies are changing their operating models to meet increasingly complex demands on their businesses. Too often… Read more>>

Using S&OP to Drive a Step Change in Achieving World Class Customer Service

  In September 2013, I accepted a new challenge as Forecasting and Demand Specialist at Wolf Oil Corporation, an independent lubricants company. Wolf Oil shows fantastic growth figures, which focuses on their private labels and the introduction/ re-launch of the two company trademarks. The company has grown to such a level, a step change in the business process is required… Read more>>

Getting New Innovation to the Market Fast with S&OP Best Practices from Nokia

Now, your company has an amazing new product to be launched for the next Christmas season. It’s said to be a make or break for meeting this year’s business goals. The launch is going to be a big event, and consumers expect to get the product in their hands as soon as possible. Engineers are working hard to get the product tested and ready; marketing is building the story and campaign… Read more>>

The Demand Planning Career, Is it a Curse or a Blessing?

If you have any knowledge of Demand Planning, I am sure that you have heard the following: “Demand Planners are like meteorologists, they rarely get credit for doing the job correctly and they’re only noticed when they get it wrong.” Even so, the bottom line is that there are serious and costly ramifications which can occur if these decisions are wrong. For this reason, the demand… Read more>>