Type
October 24, 2018
Over the past 4 years, we have been managing the transformation of S&OP at Petronas Lubricants International. The scale of this project was vast, which necessitated not only a sound understanding ...
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 ...
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...
April 24, 2018
IBF's Research Report #10
April 23, 2018
IBF's Research Report #13
March 29, 2018
In this session, we'll examine how the Analytics Team partners with the Demand Planning organization to transform the process, the roles, and the perception of Forecasting at Kellogg’s....
March 28, 2018
The S&OP process is over 30 years old. Since then, market dynamics have significantly changed but the process has not, meaning there are shortcomings that need to be addressed to reflect...
February 5, 2018
What exactly is business forecasting? To help answer this question, consider this. Whether you realize it or not, virtually every business decision and process is based on a forecast. Anything...
February 5, 2018
Demand Planning is the process of using forecasts to help highlight opportunities and threats; to tell us ahead of time what we expect sales of a product to be; and which markets or channels...
February 5, 2018
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, operations,...
February 5, 2018
“Demand Planners Are Storytellers Who Use Numbers As Their Language” A Demand Planner is a person responsible for facilitating the Demand Planning process. They use data, forecasts,...
February 5, 2018
If something is not measured, it will never improve. To improve forecast performance, we must have metrics in place to measure and monitor them. There will be inherent volatility and variability...
December 13, 2017
The question of whether forecasts are necessary crops up from time to time. The inescapable conclusion is that no matter what type of business you are in, or what function you perform, there...
December 13, 2017
The DifferenceIt is important to know the difference between forecasting software and forecasting systems. Forecasting software is a stand-alone package that generates forecasts either via a model...
December 13, 2017
1.Mistake: The more sophisticated the model, the better.Correction: The sophisticated models are not necessarily better. Very often, simple models can give you as good as or better forecasts than...
December 13, 2017
Mention "forecasting," and most people think you're talking about their local meteorologist describing temperature ranges and cold fronts. The fact is, forecasting plays a critical...
December 13, 2017
There are basically three types of models, which are:(1) Time Series(2) Cause-And-Effect(3) JudgmentalTIME SERIES MODELSA Time Series is a series of observations at equal increments of time. In Time...
December 13, 2017
It is important to know the difference between forecasting software and forecasting systems. Forecasting software is a stand-alone package that generates forecasts either via a model selected...
December 13, 2017
How to Win the Support of Top Management for Forecasting Step 1: Educate top management. Whether management realizes it or not, forecasts are essential because every business decision depends...
December 13, 2017
Very often questions arise how to convince upper management that the forecasting function is absolutely necessary. By calculating how much you will save for each percentage error reduced, this...
November 1, 2017
In this webinar, IBF thought leaders have shared keys to success, tips, and pitfalls to avoid for helping C-Suite executives/ top management to understand the benefits of S&OP / IBP and be active ...
May 15, 2017
What is demand planning and how does it differ to forecasting? How does S&OP fit into the overall business planning process? In the world of forecasting and planning, it is not only important...
March 15, 2017
Rapid growth or dramatic changes in the business often expose company processes that are not scalable. Forward thinking companies recognize that implementing a well-functioning S&OP process...
August 15, 2016
S&OP requires dedication, consistency and qualified key decision makers in order for a company to succeed in achieving its desired business objectives. Great effort must be made to identify...
July 12, 2016
This presentation focused on the challenge of creating and enhancing S&OP in a large and complex organisation. The session explored how GlaxoSmithKline (GSK) have approached this challenge in its ...
May 10, 2016
Successful product launches are essential to business growth and they often run on a different schedule than the monthly S&OP. With the success of new product ranges often dependent on S&OP,...
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…
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