Introducing (E)Score: MAPE For Range Forecasts
Eric Wilson CPF introduces a new measurement of probabilistic forecast performance that measures error, range and probability all in one formula. It goes beyond... Read More...
Walking Into The Lion’s Den: Preparing For A Successful Executive S&OP Review
Walking into the executive S&OP review can feel like walking into the proverbial lion’s den. Your heart races as the lions stare you down and wait for you t... Read More...
Should the Naive Forecast be Your Default Forecast?
Short answer: No. I have long argued against arbitrary forecasting performance objectives, suggesting instead that the goal should be “Do no worse than a... Read More...
Turbocharge Your Financial Plans By Collaborating With Demand Planners
Financial planning and analysis (FP&A) is the process of analyzing an organization's financial strategy. To accomplish this, we need a prediction of a futur... Read More...
S&OP Roles and Responsibilities Matrix
In my previous article entitled 'How to guide for S&OP Kick Off', we approached the roles and responsibilities within the S&OP process and the importanc... Read More...
The First One Hundred Days As A Demand Planner
“I do solemnly swear that I will faithfully execute the Office of Demand Planner…” Often referred to as the bellwether of an administration’s potential succe... Read More...
Forecasting Software: Finding The Right Vendor
So you’ve got a long list of possible options for when you decide to upgrade or replace your demand planning software. In the previous articles we looked at the... Read More...
How Much Does Forecasting Software Cost, & How Much Will It Save?
In the last blog we started our discussion on selecting the right forecasting and demand planning software to fit your organization’s needs. We started with fir... Read More...
How To Choose The Right Demand Forecasting Software
Despite the importance of forecasting, demand planning software continues to be misunderstood by many businesses. Industry research has revealed many of us are ... Read More...
Missing Persons: Have You Seen The Sales Department?
The Institute Of Business Forecasting (IBF) defines S&OP as "process that integrates demand, supply, and financial planning into one game plan for business.... Read More...