New IBF Blog Series – Forecast Value Added (FVA)

Beginning this December, the Institute of Business Forecasting is proud to publish a new blog series of case studies on Forecast Value Added (FVA). Michael Gilliland, Product Marketing Manager for SAS will be leading this series as he interviews forecasters who have applied the method of FVA analysis within their organizations, and report on their findings.  Many of the forecasters… Read more>>

Understanding the Black Box

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 more demand planning education that a forecaster has the better. During… Read more>>

2014 Business Forecasting & Planning Recognition Award Recipients

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… Read more>>

Safety Stock, Forecasting, and S&OP

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 as safety-stock concepts… Read more>>

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

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 Sales helps manage the constraints… Read more>>

IBF Report: Benchmarking Forecast Errors

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 then, if there was anything left over, Marketing… Read more>>