Forecast Reconciliation and Proportional Forecasting – My e-book On Amazon.com
First e-book on forecast reconciliation and proportional forecasting released through Amazon.com.
Month: May 2012
Silver Bullets To Tackle The Intermittent Demand Problem
The first step to handle intermittent demand should not be looking for a magical statistical model to solve our problems. We should question the reasons for intermittent demand and come up with a business angle to formulate solutions. These may include integrated demand-supply strategies as well as sales intelligence on customer ordering patterns. Applying Croston’s models and discrete distribution models should be the last resort to address intermittent demand problems.