The New Predictive Analytics Model All Forecasters Should Be Using
In transitioning from just traditional time-series modeling to predictive analytics, one of the key aspects is utilizing different causal inputs in your forecas... Read More...
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Case Study: How S&OP Transformed The Fortunes Of A Loss-Making Plant
I was the S&OP Champion when my company relocated to Wisconsin. What I encountered there was a cauldron of uncertainty, politics, and mistrust of an exp... Read More...
Remembering Tom Wallace, S&OP Pioneer
Thomas F. Wallace, author, speaker, and S&OP pioneer, passed away on March 4, 2021, aged 85. Having graduated with a degree in psychology from Marque... Read More...
IBF Launches New Chapter At UC Berkeley
In February 2021, the Institute of Business Forecasting & Planning officially registered a chapter at UC Berkeley. Launched by four graduate students... Read More...
Spreadsheets Are Obsolete In The Age of Big Data—What Is Replacing Them?
Excel spreadsheets are an essential part of any workforce regardless of the type of the business, so much so that Excel has become synonymous with spreadsheets.... Read More...
Starting & Progressing Your Demand Planning Career
One of the more memorable experiences I had as a demand planning manager was when a college student working as an intern came to ask me a question. He was debat... Read More...
Strong & Effective Decision Making At The Executive S&OP Meeting
The S&OP process is one of the key decision-making forums for an organization. The conflicting objectives from various departments can prove to be a challe... Read More...
The Fall issue Of The Journal of Business Forecasting is available for download now. With insight into updating S&OP for eCommerce, and a candid interview w... Read More...
What Is S&OP?
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...
What Is Upward & Downward Bias In Forecasting?
Question
Dear sir, I'm working in a procurement department. I have an interest in learning demand planning, an area in which I have some doubts. 1 - What... Read More...