Posts Tagged ‘ demand planning ’

IBF Report: Benchmarking Forecast Errors

October 22, 2014
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IBF Report: Benchmarking Forecast Errors

Tweet Within demand planning and forecasting, there is nothing more important than forecast accuracy. The success of any plan greatly depends on it. Forecasts allow you to determine opportunities and risks; they also help to effectively manage supply and demand. Gone are the days when manufacturers produced what they thought they could sell. That was…

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Unraveling Demand Planning: The Importance of Capability in Modern Supply Chain

October 15, 2014
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Unraveling Demand Planning: The Importance of Capability in Modern Supply Chain

Tweet Nearly four years ago, I landed my dream job. I was named the Demand Planning Capability Manager for Global drinks giant Diageo. A few months later I arrived in HQ full of enthusiasm for transforming the Demand Planning function with an SAP APO implementation and a killer training program. Soon after I arrived however,…

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Segmenting for Supply Chain Planning and Customer Service Success

October 7, 2014
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Segmenting for Supply Chain Planning and Customer Service Success

Tweet A 25-year high-tech supply chain veteran, Wade McDaniel is vice president of Solutions Architecture for Avnet Velocity, Avnet, Inc.’s global supply chain solutions business unit. Tradeoffs! When you hear this term, you typically think of giving something up; settling for less. But when we talk about tradeoffs in supply chain segmentation, what we are…

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Q&A on Risk Mitigation, Forecast Value Added (FVA) and Demand Planning Segmentation Strategies

October 3, 2014
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Eric Wilson - Tempur Sealy

Tweet Recently Eric Wilson, CPF , Director of Global Demand Planning and S&OP at Tempur Sealy International delivered an IBF Webinar on Risk Mitigation, Forecast Value Added (FVA) and Demand Planning Segmentation Strategies.  Below are some of the Questions & Answers that took place with Eric. Q: What is Forecasting Value Added (FVA) and how is it calculated?…

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Patience is a Virtue, Especially When Implementing an Integrated Business Planning (IBP)/ Executive S&OP Process

July 28, 2014
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Patience is a Virtue, Especially When Implementing an Integrated Business Planning (IBP)/ Executive S&OP Process

Tweet   Back in early 2013, when I moved into my current role of leading the global Integrated Business Planning (IBP)/ S&OP program for Mondelez, I came into the job from a Business Unit operations leadership role. As any of you operational folks will relate to, getting “stuff” done “now” is what keeps the lights on,…

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

July 22, 2014
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Collaborative Planning Forecasting & Replenishment (CPFR) and the Extended Supply Chain

Tweet 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…

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

July 18, 2014
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Transformation of Demand Planning, Procurement & Supply Chain with Data Analytics

Tweet 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…

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

July 7, 2014
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A New Approach to Effective Demand Planning – Journal of Business Forecasting Summer 2014

Tweet 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…

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

April 25, 2014
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Using S&OP to Drive a Step Change in Achieving World Class Customer Service

Tweet   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…

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

April 22, 2014
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Getting New Innovation to the Market Fast with S&OP Best Practices from Nokia

Tweet 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…

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RT @IBF_Anish: Big Data Takes Center Stage at #IBF1 Best Practices / Leadership #Forecasting Forum. #supplychain http://t.co/ec9jjJbeas 
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