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IBF's Research Report #16
Supply chain plays an important role in demand planning, without it, demand cannot be managed. In fact, in a large number of companies, the forecasting function resides within the supply chain. According to IBF's recent research, in 52% of companies, the forecasting function resides in Supply...
IBF's Research Report #12
It is not uncommon to hear the frustration about turnover of personnel in the forecasting and planning profession. “We invest a lot of money in training them, but they leave.” This may be because their salaries are not competitive, while other companies offer much more. Table of contents: Data...
IBF's Research Report #11
Since forecasting is a fairly young industry, both companies and forecasting professionals want to know the current salaries for different ranks in the area. Companies want to be sure that they are offering competitive salaries. Forecasting professionals, on the other hand, want to know if they are ...
IBF's Research Report #10
The success of any business depends primarily on people, process and technology, though people are the most important component. To get the most from them they have to be motivated, which depends, among other things, on how well they are compensated for their services. In this report we investigate ...
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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