Stop Saying Forecasts Are Always Wrong!
Stop saying forecasts are always wrong! It’s a pet peeve of mine because when you say this, you’re only hurting yourself and this field. Besides, you are wrong!... Read More...
Analytics
Do Data Scientists Make Good Demand Planners?
“I think this is the perfect career move,” Nicolas Vandeput, founder of SupChains, says of incorporating data science skills as a Demand Planner. Like so man... Read More...
Understanding The Demand Impact Of Covid-19 On Your Product Portfolio
While forecasting has always being associated with uncertainty, we are living during an unprecedented time that requires extra special handling. This article at... Read More...
3 Steps For Planning New Product Launches
In today’s increasingly competitive markets, one way to stay ahead of competitors is to launch more and more new products. According to an Institute of Busines... Read More...
Why Forecast Accuracy Is Hiding The Truth About Performance
Having worked in demand planning, S&OP and supply planning for several years, I have found that organizations often try to improve forecasts as a means to i... Read More...
IBF ON DEMAND EPISODE 10: STOP SAYING FORECASTS ARE ALWAYS WRONG
The last episode of IBF On-Demand, sponsored by Arkieva, is available to watch now. Our goal as forecasters is not to be precise, but to provide insight.... Read More...
WATCH IBF ON DEMAND EPISODE 9: DATA SCIENTISTS SUCK AT DEMAND PLANNING!
Data Scientists suck at demand planning! Or do they? Can they learn the required skills? Conversely, can demand planners learn new data science skills? I in... Read More...
How Much Data Is Enough In Predictive Analytics?
If we can gain insights from just a small amount of internal structured data, then how much more could we glean from Big Data? I’m talking that external mass of... Read More...
Demand Planning for the e-Commerce Channel
The biggest shift for me in dealing with the e-Commerce channel was a mindset. I had approached planning for this channel with the same tools and perspective th... Read More...
8 KPIS EVERY DEMAND PLANNER SHOULD KNOW
Without KPIs, it is impossible to improve forecast accuracy. Here are 8 highly effective metrics that allow you to track your forecast performance, complete wit... Read More...