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...
The importance of a forecast really depends on the environment in which you operate. If you are fortunate enough to be in an environment where customer orders c... Read More...
At Hershey’s, our entire Latin American portfolio suffered from a malaise that plagues countless other corporations – a portfolio that drastically exceeds the o... Read More...
Lewis Carroll once wrote, “If you don’t know where you are going, any road will get you there.” Watts H. Humphrey, the American software engineer countered with... Read More...
Stop me if you have heard this before. We need more accurate forecasts, and we need them faster. Things are becoming more complex and we need to better understa... Read More...
Ouch. OTIF regulations, decreasing product life cycles, shorter-lead times, price slashing, and increased volatility - the last couple of years have been a kick... Read More...
The latest IBF benchmarking report is out, titled “Benchmarking New Product Forecasting and Planning.” It is available for download here. Surveying 791 forec... Read More...
Volatility, uncertainty, complexity and ambiguity have become ever-present factors in the market. The result? Some traditional supply chain processes are stretc... Read More...
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