forecasting system

Pile of brown cardboard boxes at warehouse of market. Different stuff packed in carton boxes. Moving concept. Set of cargo boxes ready for delivery.

Product Portfolio Optimization – Journal of Business Forecasting (Special Issue)

Within the pages of this particularly exciting issue, you will read articles written by the best minds in the industry to discuss multiple important aspects of Product Portfolio Optimization. This is an important topic because in today’s highly competitive market, it is becoming more important than ever to look for ways to cut costs, and increase revenue and profit. Markets are now demand… Read more>>

Risk-Adjusted Supply Chains Help Companies Prepare for the Inevitable

Each time I get in my car and drive to work, or the grocery store or wherever, there are a myriad of dangers that I might encounter. I could get t-boned at an intersection by a distracted driver; I might blow a tire and swerve into a ditch or a piece of space debris could crash through my windshield. Some perils are, obviously, less likely than others, but the reality is, anything… Read more>>

New Learnings from Day 1 of IBF’s Business Forecasting & Planning Academy: An Attendee’s Perspective

Last week I had the opportunity to attend IBF’s Business Forecasting & Planning Academy held in Las Vegas. The two days were filled with fourteen educational sessions, three roundtable discussions, and multiple opportunities for connecting with peers and instructors. Each educational session, organized as introductory or advanced level, was two hours in length allowing for a deeper dive… Read more>>

How Many SKUs Can A Forecaster Manage? —IBF Research Report 14

  It is difficult to arrive at one fixed number of SKUs that a forecaster can manage, because situations vary from industry to industry and company to company. There are several factors at play. It depends on how easy or difficult it is to forecast, what the lead time is, the cost of forecast error, whether forecasts are prepared on an aggregate or granular level, type of data… Read more>>