New Product Forecasting: Special Issue of the Journal of Business Forecasting (JBF)

New product forecasting is the most challenging activity in demand planning. It is also the most rewarding. It is challenging because new products have no history to go by, and rewarding because a large of portion of sales come from them—one-fifth according to the latest survey by the Institute of Business Forecasting and Planning. Accurate forecasts help to optimize the reward and minimize… Read more>>

Creating a Worldwide S&OP Model at Elanco

S&OP is such a basic concept, yet so difficult to implement effectively across the globe.  It’s hard enough trying to get one S&OP process created, but how do you go about creating a process that works together across time zones, language barriers and cultural differences?  It’s a journey that takes time, patience and consistency. Elanco is a world leader in developing… Read more>>

Exploring New Models for S&OP and Driving Sustainability in the Supply Chain

Chintan Shah of BIC Inc.’s supply chain operations recently led an IBF webinar  for Asia on December 24, 2012 in which he outlined new models for driving sustainability programs at the company. Chintan has successfully implemented a S&OP process at BIC Canada with the purpose of eliminating human error and improving the supply chain process, which he refers to as Soft-S&OP. Earlier… Read more>>

Have you read the latest issue of the Journal of Business Forecasting (JBF)?

Volume 31 Issue 3 Fall 2012 Click here to become an IBF member and get a JBF subscription FREE Featured Articles: Successful Global S&OP: Leadership, Change Management, Behavior, & Cross-Cultural Differences Niels Van Hove explains as businesses go global, the expansion of the S&OP process must follow. He outlines why cultural issues are so important and how to adapt to them… Read more>>

Thoughts About Advancing Your Career in Forecasting & Planning from an IBF Member

It was spring of 1999 when I was in Parkersburg WV looking for my next opportunity in Demand Management. I had just recently become a member of the Institute of Business Forecasting (IBF), and had begun using the career center to find possibilities for a more challenging position. Looking through the recent job postings on the IBF Jobs page, I noticed a position in Boston MA that looked… Read more>>