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Research Reports
IBF Research Report #22
Forecast errors significantly impact costs, particularly those related to inventory. Overstocking can tie up capital, increase storage expenses, and raise the risk of inventory obsolescence. Conversely, understocking can lead to lost sales, reduced customer satisfaction, and potential damage to the ...
IBF Research Report #21
Turnover is always an issue, more so in demand forecasting and planning
as it requires a special skill set, making it difficult for companies to find
qualified candidates. Additionally, companies invest heavily in training
such professionals and so don’t want to lose them. There are a number...
IBF Research Report #20
The S&OP/IBP process stands on three crucial pillars: people, process, and technology. By understanding the components of each pillar, we can develop a most successful process. For that, we mined survey data gathered during a multi-year period by the Institute of Business Forecasting and Planning...
IBF Research Report #19
The Covid-19 pandemic was certainly an unusual phenomenon. Its impact was sudden and dramatic. It was not only local or regional but felt all over the world. Forecasting demand during this time was quite challenging because of unprecedented and rapid changes in consumer behavior. Consumer...
Articles
Whether you realize it or not, virtually every business decision and process is based on a forecast. Anything you plan is generally based on an assumption of something happening...
Demand Planning uses forecasts to help highlight opportunities and threats; tell us ahead of time what we expect sales of a product to be; and which markets or channels...
S&OP is a structured monthly process that aligns all functional areas under a unified set of assumptions to enable and coordinate decision making. It integrates demand, supply,...
“Demand Planners Are Storytellers Who Use Numbers As Their Language”
Videos
Virtual Conference Recordings
Virtual Conference Recordings
July 20, 2022
Improve FP&A, financial forecasting and budgeting with S&OP/IBPw/ Business Forecasting...
Virtual Conference Recordings
November 18 – 19, 2021 (10 am to 2 pm CET)
(FREE REGISTRATION as a Special Courtesy to the Community)w/ Fundamentals of Demand Planning & Forecasting...
Virtual Conference Recordings
June 16 – 18, 2021
Improve FP&A, financial forecasting and budgeting with S&OP/IBPw/ Business Forecasting...
Virtual Conference Recordings
April 20 – 22, 2021
Demand Planning Conference With Data Science Workshop
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.
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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