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eCommerce/Omnichannel Planning & Forecasting – Special IBF Journal Issue

The lastest special issue of IBF's Journal of Business Forecasting (JBF) - Winter 2016-2017, is dedicated to the newly emerged channel of distribution, e-Commerce. A total game changer, it has disrupted many markets and has revolutionized the forecasting paradigm. It has changed the way manufacturers sell their products and the way consumers buy them. Manufacturers now sell their products… Read more>>
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A Critical Look at Measuring and Calculating Forecast Bias

I cannot discuss forecasting bias without mentioning MAPE, but since I have written about those topics in the past, in this post, I will concentrate on Forecast Bias. Forecast Bias can be described as a tendency to either over-forecast (forecast is more than the actual), or under-forecast (forecast is less than the actual), leading to a forecasting error. There are many reasons why such… Read more>>
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My Powerful Journey in Demand Planning – Hooked on Analytics

My career in forecasting has been challenging, at times frustrating, and above all immensely rewarding. This is my story of how I learnt to predict consumer trends, and revolutionize the fortunes of the companies I have worked for. It all started at AIWA Consumer Electronics in the early 1990s. Here I was, a fresh MBA in my first Associate Product Manager role for personal audio products… Read more>>
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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>>
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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>>