Artists & Scientists: Redefining Roles In Demand Planning
Demand Planning and Forecasting is about people, process, and technology. Unfortunately, the people element is often forgotten. As supply chains evolve to becom... Read More...
How To Implement S&OP: What Businesses Need From Demand Planners
So you've been tasked with implementing or improving S&OP or IBP. Where do you start? What does the Commercial function really need from S&OP? What must... Read More...
Stop Saying Forecasts Are Always Wrong
For many of us, the words “the forecast is always wrong” has become something we instinctively say. There’s nothing wrong with acknowledging there is variation ... Read More...
How To Get A Job In Demand Planning
As businesses continue to recognize the growing importance of accurate demand forecast planning, so does their need for quality Demand Planners. But how does on... Read More...
Setting Up Machine Learning In Your Company
When it comes to Machine Learning in Supply Chain Planning, how many of us can say we are ready to reap the benefits? If we are not quite there yet, what do we ... Read More...
How To Use Forecast Value Added Analysis
Forecast accuracy has always been measured, but now it is becoming a key performance indicator (KPI) for many supply chains. But are we measuring the right thin... Read More...
Omnichannel Forecasting & Integrated Inventory: More Art Than Science?
This holiday season, I find myself reflecting on omnichannel forecasting, and my days as a buyer for Bonwit Teller in the late 1980s. As buyers, we developed ou... Read More...
What Is The Best MAPE Formula To Use for Forecasting?
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...
Director Of Product Management On Why Demand Planners Are Crucial For New Product Launch Success
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...
5 Major Benefits of S&OP For Your Company, And How To Achieve Them
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...