Posts Tagged ‘ S&OP ’

Understanding the Black Box

November 12, 2014
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Understanding the Black Box

Tweet Education in the demand planning arena is a critical part of achieving improved results. We here at Continental Tire are always looking for ways to increase our forecast accuracy and improve our customer relationships; IBF is one of our main sources for doing so. Over the years, it has been my experience that the…

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2014 Business Forecasting & Planning Recognition Award Recipients

November 12, 2014
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2014 Business Forecasting & Planning Recognition Award Recipients

Tweet The Institute of Business Forecasting & Planning, IBF, would like to proudly acknowledge and congratulate our 2014 Business Forecasting & Planning Recognition Award Recipients.  The IBF’s Business Forecasting & Planning Recognition Awards are presented annually in October to those individuals who distinguish themselves as the most influential and innovative thought leaders, solution providers, and…

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Safety Stock, Forecasting, and S&OP

October 22, 2014
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Safety Stock, Forecasting, and S&OP

Tweet Most practitioners of Sales & Operations Planning would agree that the focus of an S&OP Process should be on the mid-to-long range horizon, and typically at a volume/aggregate level.  However, I am often surprised when some of these same practitioners indicate that backward-looking Demand planning KPIs like Forecast Accuracy and Forecast Bias, as well…

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Interdepartmental Cooperation Optimizes Supply Chain Limitations – Journal of Business Forecasting Fall 2014

October 22, 2014
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Interdepartmental Cooperation Optimizes Supply Chain Limitations – Journal of Business Forecasting Fall 2014

Tweet Volume 33 Issue 3 Fall 2014   Click here to download a sample copy of the latest Journal of Business Forecasting (JBF) Click here to Become an IBF member and get a JBF subscription FREE Featured Articles: Interdepartmental Cooperation Optimizes Supply Chain Limitations By Michael Morris The author describes how working with Marketing and…

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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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