Do You Have What It Takes To Be S&OP Manager?
I am not a big fan of “2 in 1 shampoo” where the cleanser and conditioner are blended into one bottle. They say that it saves money because you only have to buy... Read More...
Big Data? Chill Out & Keep It Old School
Over the past few years, the Demand Planning community has become quite starry eyed over advancements in predictive software and tools. The concepts of “Big Dat... Read More...
How To Deploy Global S&OP
I recently led the successful deployment of global S&OP in a top 10 pharmaceutical company. It covered all business units and regions in this $40 billion tu... Read More...
How To Gauge Forecastability
“30% forecast accuracy? Seriously? What do I pay you for? I could flip a coin and get better results than this!” Yes, we hear this as demand planners. And yes,... Read More...
BASF’s Best In Class Forecasting Process
The BASF Group’s Intermediates division develops, produces and markets a comprehensive portfolio of about 700 products for coatings, plastics, pharmaceuticals, ... Read More...
How To Use Facebook’s Prophet
Working in a SME with limited resources, the kind of sophisticated forecasting tools used by the major multinationals can seem far out of reach. For people in s... Read More...
How We Set Up Automated Statistical Forecasting At Nespresso
At Nespresso, we started the Collaborative Demand Planning (CDP) initiative two years ago, with the aim of forecasting Nespresso sales in a data-driven way. The... Read More...
Blockchain In Supply Chain – Nothing But Hype?
Blockchain is set to revolutionize how businesses operate, including the Demand Planning and Forecasting functions. Although a relatively new invention, it has ... Read More...
What Is Quick Response Forecasting?
Some time ago I was on a call with IBF board members discussing situations where social media data signals rapid changes in demand for a product. These data mig... Read More...
How Can I show My Company Aggregate Level Forecasting Isn’t Enough?
Question
Dear Dr. Jain, I work for a large multinational FMCG - it is considered a group norm to use a high level, statistically modeled forecasting tool fo... Read More...