In today’s volatile and uncertain market, companies can no longer afford to operate without a structured, data-driven approach to forecasting demand. Demand planning is more than just predicting sales—it’s about building an integrated, agile business... Read More...
Find out why businesses need to leverage demand planning to improve their operations. PLUS learn the quantifiable value of doing it so that it can be sold within an organization.... Read More...
Are you interested in a challenging career that will put you in an influential position at work and provide significant career growth potential? Then, working in demand planning might be an excellent option for you. This guide explains why you must know to become a demand planner.... Read More...
In today’s disruptive global marketplace, more and more companies are laser focused on supply and demand planning and how to get it right. This guide explains the two disciplines, their differences, and how they work together. Use the information ... Read More...
What is Business Forecasting?
Business forecasting is the process of using analytics and experience to make predictions about future customer/consumer demand. The goal is to go beyond knowing what has happened to arrive at the best assessment of... Read More...
I cannot discuss forecasting bias without mentioning MAPE, but since I have written about those topics in the past, in this post, I will concentrate on Forecast Bias and the Forecast Bias Formula. What Is Forecast Bias?
Forecast Bias can be descr... Read More...
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...
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 supply chain contributes to the goals of the company. We know how important our demand pl... 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 journey. Undoubtedly, there are many challenges, but focusing on some simple steps can make th... Read More...
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