IBF Virtual Town Hall (Part 2): Forecasting During A Pandemic

In this 2nd part of our Forecasting During A Pandemic series sponsored by John Galt Solutions, we have demand planning experts who will touch on the current financial crisis and what it could mean for the economy and different sectors going forward.

Join a panel of renowned thought leaders and top demand planning professionals and hear them discuss how to manage demand during the current disruptions by adding the relevant assumptions into your forecast and plans. We will deal specifically on what models they are using and what assumptions will work best.

You will be able to put your questions to the panel. Here are just a few of the questions/topics we will be addressing:

You will learn:
  • To what degree should we adjust our demand history at this time and do you have any advice as to any best practices to determine the proper adjustment?
  • In this crisis situation what are your best tips for demand planners in terms of cleansing the impact of the virus from historical data?
  • How do we measure the impact of Covid-19? When we cleanse the baseline, should we add the total decline from the baseline or should we also assume a decline already?
author
Jonathan Schwartz, CPF
Supply Chain Analysis Manager
WD-40

Jonathan has been with WD-40 Company since 2010 and almost immediately gained the opportunity to create the S&OP process from scratch and build the systems and processes required to support it. In his current role, he manages the collaborative forecasting process, participates cross-functionally to build the annual financial plan, ensure reasonable forecast processes and systems through continuous improvement activities. His responsibilities as Demand Manager also include identifying opportunities within the organization to grow sales, decrease inventory, and improve EBITDA. Jonathan is an IBF Certified Professional Forecaster(CPF) and holds a degree in Business Administration.

author
Andrew D. Schneider, ACPF
Sr. Transformation Manager of Corporate Quality
Medtronic
Andrew is an award-winning Sales & Operations Planning (S&OP) and Supply Chain Management professional. He is currently employed with Medtronic, the world's largest medical device company. He is also on the Board of Advisors for the Institute of Business Forecasting & Planning (IBF), and a regular international speaker at industry events, including the IBF. Andrew is a hands-on data scientist; but also an inspirational industry leader with a passion for innovating & advancing the fields of demand planning, S&OP/IBP, and enterprise risk management.
author
Matt Hoffman
Customer Success Leader
John Galt Solutions

Matt Hoffman is the Customer Success Leader at John Galt Solutions. Matt has led countless successful software implementations utilizing best in class supply chain planning platform Atlas Planning. He has saved companies hundreds of millions in inventory cost through both transformational and tactical projects delivered across distributors, manufacturers and retailers.

Matt has worked with a wide range of clients in manufacturing, distribution, and retail. While he is a subject matter expert when it comes to implementing solutions across numerous ERP and Planning packages, he is adamant that the process has to drive the tools in order to foster adoption and deliver superior, measurable results.

Matt is currently working with key John Galt clients to adjust their process and technology to fit the new challenges brought on by the global health crisis.

author
Patrick Bower
Sr. Director, Global Supply Chain Planning & Customer Service
Combe Inc.

Patrick Bower has a wide area of expertise, including S&OP, Demand Planning, Inventory, Network Optimization, and Production Scheduling. A recognized expert on demand planning and S&OP, and a self-professed “S&OP geek” - Patrick was previously Practice Manager of Supply Chain Planning at the consulting firm, Plan4Demand where his client list included Diageo, Bayer, GlaxoSmithKline, Pfizer, Foster Farms, Cabot Industries and American Girl. Patrick’s experience encompasses tenures with Cadbury, Kraft Foods, Unisys, and Snapple. Patrick also worked for the supply chain software company - Numetrix, and was Vice President of R&D at Atrion International. He was also the recipient of IBF’s 2012 award for Excellence in Business Forecasting & Planning.

author
Eric Wilson, CPF
Director of Thought Leadership
Institute of Business Forecasting & Planning
Eric is a predictive analytics and business planning innovator, author, and speaker. He is the Director of Thought Leadership at the IBF. Prior to this he worked as the Director of Demand Planning at Escalade Sports, Director of Demand Planning at Berry Plastics, and Director of Demand Planning & S&OP at Tempur Sealy International. In 2016, he received the Excellence in Business Forecasting & Planning award from the IBF. He is an IBF Certified Professional Forecaster (CPF) with over 20 years of experience. Eric is a visionary in his field, a frequent speaker and panelist for many executive forums and professional conferences, and has written numerous articles in publications such as The Journal of Business Forecasting and APICS Magazine. He is also the author of the book Cultural Cycles.
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