Question
Greetings Dr. Jain, I am currently trying to develop the best way to calculate our forecasting accuracy. We end up with a significant number of SKU... Read More...
Today’s markets have a greater number of new products than ever before. But where do the ideas for all of these new products come from? Usually from Sales, Mark... Read More...
Sales and Operation Planning (S&OP) is probably the least understood aspect in Supply Chain Management. It provides the key communication links for top mana... Read More...
What comes to mind when you think about the Demand Planning role? Sophisticated econometric models, highly analytical work, and number crunching? This was my fi... Read More...
If, like me, you work in a small to medium sized enterprise where forecasting is still done with pen and paper, you’d be forgiven for thinking that Machine Lear... Read More...
Simple initiatives add up to big gains. Many professionals feel that establishing a robust demand planning process in an organization is a long and arduous jour... Read More...
I must admit I was wrong. I recently helped pen an article in the Journal of Business Forecasting (JBF) Fall 2017 edition entitled “Why Is the S&OP Process... Read More...
In most companies, Enterprise Resource Planning (ERP) provides the informational backbone needed to manage day-to-day tasks and processes. The system connects p... Read More...
Last week we looked at cutting inventory through improving inventory quality (getting rid of obsolete or low value stock) and reclassifying mislabelled inventor... Read More...
Seth Godin, bestselling author of the books Tribes and Linchpin, once said in an interview that if you can only do what someone else tells you to do and nothing... Read More...
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