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Research Reports
IBF Research Report #14
It is difficult to arrive at one fixed number of SKUs that a forecaster can manage, because situations vary from industry to industry and company to company. There are several factor at play.
Table of contents:
How Easy or Difficult to Forecast
Cost of Forecast Error
Level of Aggregation Required...
IBF Research Report #8
Over the last two decades or so, a number of developments have taken place; some helped to improve forecasts, and others made them worse. The advancement in computer technology improved our computing power and enabled us to use even the most sophisticated algorithms, which were previously...
Articles
Articles
February 5, 2018
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...
Articles
December 13, 2017
1.Mistake: The more sophisticated the model, the better.
Correction: The sophisticated models are not necessarily better. Very
Articles
December 13, 2017
Mention "forecasting," and most people think you're talking about their local meteorologist describing temperature ranges and cold
Articles
December 13, 2017
There are basically three types of models, which are:
(1) Time Series
(2) Cause-And-Effect...
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July 20, 2022
Improve FP&A, financial forecasting and budgeting with S&OP/IBPw/ Business Forecasting...
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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...
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June 16 – 18, 2021
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April 20 – 22, 2021
Demand Planning Conference With Data Science Workshop
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November 18 – 19, 2020 (10 am to 2 pm CET)
w/ Fundamentals of Demand Planning & Forecasting Workshop
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October 21 – 22, 2020
Business Planning, Forecasting & S&OP/ IBP
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August 4 – 6, 2020
w/ Fundamentals of Forecasting Workshop
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April 28 – 30, 2020
w/ Fundamentals of Forecasting Workshop
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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