What are the goals of business? To maximize profits! From a supply chain perspective, how do we accomplish this? Let’s look at some of the key aspects of how su... Read More...
A key element in sustaining a competitive advantage in today’s global business environment is an effective Sales & Operations Planning (S&OP) process. S... Read More...
It's very common in forecasting to aggregate data in order to increase the signal/noise ratio, and there are several papers out there regarding the significant ... Read More...
There is an age-old debate in demand planning: should you strive to be a “one number company” where all functions work to the same forecast. The idea is that a ... Read More...
Selecting the right model plays a very important role in predictive analytics and forecasting. Use the wrong model, and you might as not have bothered at all. U... Read More...
Question
Dear sir,
I'm working in a procurement department. I have an interest in learning demand planning, an area in which I have some doubts.
1 - What... Read More...
An algorithm is a procedure or formula for solving a problem, based on conducting a sequence of finite operations or specified actions. Generally speaking, when... Read More...
How valuable is forecast accuracy benchmarking? It's always interesting to see how your competitors' are faring, but does knowing other companies' forecast accu... Read More...
Omnichannel: The sales and business strategy of meeting the customer in their preferred place of purchase. Simple, straightforward, and an absolute challenge fo... Read More...
Most forecasting approaches are based on the idea that a forecast can be improved if the underlying factors in the data can be identified and forecasted separat... Read More...
