In today’s economy, being on top of what is on the consumer’s mind is key, and having a successful stream of new products remains of paramount importance. New p... Read More...
Chaman L. Jain, Ph.D No matter where you place the forecasting function, you will have a bias in forecasts unless you create an independent department. Prod... Read More...
One way for a demand planner to reach the other side of the shore is to always question your process, reporting, and audience needs. Market dynamics are changin... Read More...
Demand Planning performance is driven by metrics. MAPE and bias provide a compass to evaluate performance, and make necessary changes to the forecast. It is for... Read More...
As a three-time S&OP process owner in a couple of Fortune 100 manufacturers, I’m painfully aware of how difficult it is to achieve a good working S&OP ... Read More...
We regularly receive S&OP and Forecasting questions from the IBF Membership base that are answered in the Journal of Business Forecasting (JBF). I have iden... Read More...
The biggest obstacle to S&OP implementation is fully engaging the Sales & Marketing teams. The involvement of Sales and Marketing is very low in S&O... Read More...
Why You Need To Consider External Factors in your Forecasting
Companies like UPS and FedEx are experiencing massive changes. What external factors are driving t... Read More...
As consumers, we regularly face a host of product dynamics relating to the various goods we purchase, whether or not we realize it. Every year brings a plethora... Read More...
In the world of Operations, we want our businesses to run like an assembly line, where people and tools are in sync. The reality, however, is very different. T... Read More...
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