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What is Croston’s Intermittent Model?
Designed to deal with sporadic demand (no seasonality) with a two-step process. The main goal is to provide a good safety stock, resulting in a situation where there is neither over or under stock. This is accomplished by considering two aspects of the data: the demand size and the…
Read on in the Glossary
September 18, 2018
Demand Planning & Forecasting is both an art and a science. It requires informed judgment, business expertise, and technical skills. Done well, it can provide a true competitive edge and increased sales, while managing inventory and maintaining best-in-class customer service. Forecasting depends on both a structured process and modeling. Both are equally important. In this ...
Webinar
Journal of Business Forecasting
Cant find what you need in our Knowledge Base? We’ve designed a system which allows you to find any article from the journal’s 30+ years to read at your leisure.
July 12, 2018
This free webinar is led by Tim Hotze, SVP at Target Corp., Keynote speaker at IBF’s flagship Business Planning, Forecasting and S&OP Conference in Orlando (October 16-19, 2018). Tim will share how cutting-edge S&OP, Analytics, Data Science and Demand Planning have transformed this brick and mortar stalwart into a major force in eCommerce. He will discuss the retail...
Webinar
May 2, 2018
The overall aim of the S&OP process is to be a vehicle for decision making and arrive at a game plan to manage and allocate the firm’s resources to meet the needs of customers and grow the business. A key driver for effective S&OP is demand planning and forecasting, which many companies find extremely challenging. Demand Planning and Forecasting drives the Demand...
Webinar
