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scenario

How I React When Forecasted Demand Deviates from Actual Demand

Sean BarronJune 3, 2022

As I have written about before in a previous article, Forecasting Materials Usage At An Electric Utilities Company, forecasting efforts for an electric utility company are imperative. Forecasting is an essential part of our demand management ... Read More...

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Understanding Your Consumers’ Behavior

Mark LawlessMay 17, 2022

Businesses run in an environment of change and evolution that has multiple dimensions – Economic, Sociological, Political, Competitive, Regulatory, and Technological. At the very heart of the drive for business success is the customer/consumer de... Read More...

Collaboration1 Comment 0

No, AI Isn’t Coming For Your Demand Planning Job

Daniel FitzpatrickJanuary 4, 2022

The integration of Artificial Intelligence and Machine Learning into the S&OP process allows companies to become more agile in response to changes in demand. Data sources that previously were hard to analyze due to complexity or sheer volume ... Read More...

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What Inflation Means For Demand Planners

Mark LawlessNovember 18, 2021

After many years of absence, cost and price inflation is returning as a risk factor for business performance. This has major implications for Demand Planners and supply chain professionals. Central banks are re-assessing their monetary policie... Read More...

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Stop Worrying About Forecast Accuracy!

Trixie TacungJune 4, 2021

“Ah, my forecast accuracy was bad last month because marketing added a promotion too late...” “My forecast accuracy is fantastic; I achieved 70% for month 3!” How many times have you heard one of the above from your Demand Planners? And in... Read More...

AnalyticsKPIs/Metrics0 Comments 1

3 Keys to Success in a New Demand Planning Role

Jennifer Darmanin CPFApril 21, 2021

Whether your first job out of college is in the dynamic world of demand planning or you are an experienced Demand Planner transitioning to a new company, there are some key principles that will jumpstart the value you bring to your new organization. ... Read More...

Competencies/SkillsPeople1 Comment 0

The New Predictive Analytics Model All Forecasters Should Be Using

Eric Wilson, ACPFApril 1, 2021

In transitioning from just traditional time-series modeling to predictive analytics, one of the key aspects is utilizing different causal inputs in your forecasting. It is not just relying only on internal shipment data or order history but consideri... Read More...

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Case Study: How S&OP Transformed The Fortunes Of A Loss-Making Plant

Nate MaconMarch 25, 2021

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 expensive ERP system. The plant wasn’t profitable. Fresh off two expansions that cost tens of... Read More...

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How Planning Leaders Are Protecting Their Companies From The Pandemic

Andrew Scuoler CPFMarch 17, 2021

IBF recently asked demand planning leaders how they are guiding their companies through the pandemic. The following reveals the key insights from those conversations. What Are Planning Leaders Doing Differently To Combat Covid-19? Many compan... Read More...

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Businessman standing in front of digital computing concept

Lessons Learned From S&OP Systems Implementation In The Cloud

Cristian CirciumaruOctober 15, 2020

As demand planners/supply chain planners, we now have a range of advanced supply chain planning solutions available to us. The options are wide-ranging, but one thing is becoming increasingly clear – the value of demand planning/S&OP in the Cloud... Read More...

CollaborationProcessS&OP/IBPSoftware & SystemsSupply Chain ManagementTechnology0 Comments 0