IBF NEWS REPORT: U.S. COMPANIES ANTICIPATE A 40% FALL IN SALES OVER THE NEXT 3 MONTHS AS THEY BRACE FOR ‘THE NEW NORMAL’
Companies Face Triple Threat of Plumme... Read More...
What are the goals of business? To maximize profits! From a supply chain perspective, how do we accomplish this? Let’s look at some of the key aspects of how su... Read More...
A key element in sustaining a competitive advantage in today’s global business environment is an effective Sales & Operations Planning (S&OP) process. S... Read More...
“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,... Read More...
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 fo... Read More...
As businesses continue to recognize the growing importance of accurate demand forecast planning, so does their need for quality Demand Planners. But how does on... Read More...
Simple initiatives add up to big gains. Many professionals feel that establishing a robust demand planning process in an organization is a long and arduous jour... Read More...
I must admit I was wrong. I recently helped pen an article in the Journal of Business Forecasting (JBF) Fall 2017 edition entitled “Why Is the S&OP Process... Read More...
In most companies, Enterprise Resource Planning (ERP) provides the informational backbone needed to manage day-to-day tasks and processes. The system connects p... Read More...
Last week we looked at cutting inventory through improving inventory quality (getting rid of obsolete or low value stock) and reclassifying mislabelled inventor... Read More...
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