forecasting models

Taming the Beast: Forecasting and Planning for Highly Volatile Customer Demand

Christopher MaelFebruary 21, 2011

Back in the spring of 2010, business forecasters were filled with trepidation about whether or not an economic recovery was either reasonable or imminent. At Loud Technologies Inc our planning staff wanted to forecast a conservative level of market... Read More...

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Forecast First, Ask Questions Later?

Kenton BurkiFebruary 17, 2011

Sometime during the 20th century sales forecasting went from being a necessary part of someone’s job to being someone’s entire job. Sales forecasting, has made the move from being only 1 step in the inventory/production analyst’s planning to a for... Read More...

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Forecasting as a Key Enabler in Business Transformation

Carlos LondonoFebruary 15, 2011

Businesses go through change frequently and as we all know, change is difficult because we are human. Change and transformation are necessary for companies to adapt and improve, but in order for change to be effective, many factors need to be addre... Read More...

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Real World Constraints to Sales and Operations Planning (S&OP). A Perspective from Asia

Kien LeongFebruary 10, 2011

On the supply-side, Sales & Operations Planning (S&OP) most commonly fails when an unconstrained plan meets real-world constraints. In this post, we would like to explore the nature of these constraints and suggest ways to moderate the ope... Read More...

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Models Alone are Not Enough for Improving Forecasts

Dr. Chaman L. JainJune 1, 2009

Statistical models are important, but they are not the be all and end all of forecasting. Forecasts can be further improved if: 1) Data is properly analyzed and treated before using a model 2) Have a process in place for obtaining data/informatio... Read More...

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