Year: 2018

How To Deploy Global S&OP

Neil JamesMarch 21, 2018

I recently led the successful deployment of global S&OP in a top 10 pharmaceutical company. It covered all business units and regions in this $40 billion turnover organisation and lasted 3 years. During that time we learned a lot – and boy, there... Read More...

How To GuidesS&OP/IBP1 Comment 0

How To Gauge Forecastability

Andrew Schneider, ACPFMarch 20, 2018

“30% forecast accuracy? Seriously? What do I pay you for? I could flip a coin and get better results than this!” Yes, we hear this as demand planners. And yes, it hurts – deeply, personally, unjustly. It’s one of the most frustrating and demorali... Read More...

KPIs/MetricsNEWS1 Comment 3

BASF’s Best In Class Forecasting Process

Greg GorbosMarch 16, 2018

The BASF Group’s Intermediates division develops, produces and markets a comprehensive portfolio of about 700 products for coatings, plastics, pharmaceuticals, textiles, and more. Crucial to the success of this operation is Demand Planning and Foreca... Read More...

CollaborationForecasting and Planning0 Comments 1

How To Use Facebook’s Prophet

Nick CronshawMarch 14, 2018

Working in a SME with limited resources, the kind of sophisticated forecasting tools used by the major multinationals can seem far out of reach. For people in smaller companies like mine, the abundance of free to use, open-sourced, state of the art s... Read More...

Forecasting and PlanningHow To GuidesSoftware & SystemsTechnology1 Comment 2

How We Set Up Automated Statistical Forecasting At Nespresso

Sandro SaittaMarch 13, 2018

At Nespresso, we started the Collaborative Demand Planning (CDP) initiative two years ago, with the aim of forecasting Nespresso sales in a data-driven way. The goal of CDP is to reduce demand planning bias, minimize working capital and set up automa... Read More...

Advanced AnalyticsModels & Methods2 Comments 1

Blockchain In Supply Chain – Nothing But Hype?

Eric Wilson, ACPFMarch 4, 2018

Blockchain is set to revolutionize how businesses operate, including the Demand Planning and Forecasting functions. Although a relatively new invention, it has the potential to digitize our entire supply chains. Companies will be able to track, predi... Read More...

Supply ChainSupply Chain ManagementTechnology0 Comments 1

What Is Quick Response Forecasting?

Larry LapideFebruary 28, 2018

Some time ago I was on a call with IBF board members discussing situations where social media data signals rapid changes in demand for a product. These data might include some favorable online reviews of products or a celebrity mentioning a certain p... Read More...

Advanced AnalyticsModels & MethodsPredictive AnalyticsTechnology0 Comments 1

How Can I show My Company Aggregate Level Forecasting Isn’t Enough?

Dr. Chaman L. JainFebruary 27, 2018

Question Dear Dr. Jain, I work for a large multinational FMCG - it is considered a group norm to use a high level, statistically modeled forecasting tool for our demand forecasting. However, I believe the tool we have for this is old fashioned (a... Read More...

Models & MethodsNEWS0 Comments 1

Demand Planning Role and Talent Management

Artists & Scientists: Redefining Roles In Demand Planning

Eric Wilson, ACPFFebruary 23, 2018

Demand Planning and Forecasting is about people, process, and technology. Unfortunately, the people element is often forgotten. As supply chains evolve to become more demand-driven, the Demand Planning role also needs to evolve - and that means that ... Read More...

Competencies/SkillsPeopleTalent Management0 Comments 1

How To Implement S&OP: What Businesses Need From Demand Planners

Neil JamesFebruary 21, 2018

So you've been tasked with implementing or improving S&OP or IBP. Where do you start? What does the Commercial function really need from S&OP? What must Demand Planners and Forecasters do to drive value across the whole business? Luckily for ... Read More...

Competencies/SkillsS&OPTalent ManagementUncategorized0 Comments 1