Attention Demand Planners: Is Your Thinking Linear Or Probabilistic?
Research shows that 5 out of 4 business professionals do not understand statistics (pun intended). Most people don’t have a natural affinity for probability eit... Read More...
The 4 Phases Of Predictive Analytics From Start To Finish
Predictive Analysis is a process of collecting, transforming, cleaning, and modeling data with the goal of gaining consensus of a future forecast. This provides... Read More...
Ask Dr. Jain: How Can I Show Management That Forecasting Training Will Increase Profits?
Question: Dear Dr. Jain,
I am the demand planning manager at a FMCG company. We are expanding, taking on several new forecast analysts in an attempt to brin... Read More...
Do You Have The Courage To Be Honest In Supply Chain Planning?
It’s no wonder that supply chain planning environments are often challenging and chaotic, with demands coming at us from all directions. While customers and sup... Read More...
BOOK REVIEW: Fundamentals of Demand Planning and Forecasting
One of the questions I get most frequently from people just entering this discipline or wanting to expand their knowledge of business forecasting and planning i... Read More...
How Mature Is Your Demand Planning? Maturity Benchmarking
There are commonalities shared by all demand planning, forecasting and analytics roles and organizations, including levels of maturity. Understanding these matu... Read More...
Blockchain In Supply Chains: The Good & Bad
About a decade ago Satoshi Nakamato released the now famous whitepaper on Bitcoin, the most popular cryptocurrency to date. Since then, it has gone mainstream a... Read More...
4 Financial Metrics Every Demand & Supply Planner Should Know
Demand and supply planners are supporting decision-making efforts that have financial ramifications for the company. The company has many stakeholders who have ... Read More...
When The Economy Dips, Demand Planners Will Become Your Superheroes
The forecast for the economy today is mostly sunny and mild temperatures. Things look great – unemployment at all-time lows, economy growing at over 3%, and con... Read More...
5 Supply Chain Habits That Will Destroy Your Business
When it comes to supply chain professionals, most of us like to think we know the best way of doing things. Starting off with the best of intentions, we work un... Read More...