September 28, 2018
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 26, 2018
September 20, 2018
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 ...
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.
Calculate How Much Money You Will Save By Reducing Forecast Error
Explore the Calculator
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...
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...