Our Demand Planning Seminar in Chicago – With Emerging Trends And New Topics Oct 14-16
three day workshop on Demand Planning and Forecasting.
Author: Dr. Chockalingam
Dr. Mark Chockalingam is the founder and President of Demand Planning LLC, a Business Process and Strategy Consultancy helping clients across industries: Pharmaceuticals, Consumer Products, Chemicals and Fashion Apparel. His specialty consulting areas include Sales forecasting, Supply Chain Analytics, and Sales and Operations Planning. He has conducted numerous training and strategy facilitation workshops for a variety of clients in the US and abroad. Mark has worked with a variety of companies from the Fortune 500 such as Wyeth, Miller SAB, FMC, Teva to the small and medium size companies such as Au Bon pain, Multy Industries, Ticona, a divison of Celanese AG. With significant expertise in business forecasting and modeling, he is a frequent speaker at major supply chain events on topics ranging from demand management to sales and operations planning. Prior to establishing his consulting practice, Mark has worked with manufacturing companies in important supply chain positions. Mark was Director of Market Analysis and Demand Planning for the Gillette Company, now part of Proctor and Gamble. Before Gillette, Mark led the Suncare, Footcare and OTC forecasting processes for Schering-Plough Consumer HealthCare in Memphis. Mark has a Ph. D. in Finance from Arizona State University, an MBA from the University of Toledo and is a member of the Institute of Chartered Accountants of India.
Help My MAPE Is Negative!
I have heard frequently calls for help saying MAPE is high or other complaints saying MAPE is unreliable. Recently we encountered two situations where the calculated MAPE and even the … Read More
Where Are The Black Swans?
How do we prepare for Black Swan events?
Black Swan events are those highly unpredictable events that occur out of nowhere and cause a systemic shock to the process and the way we do things. They may perennially alter the way we conduct our business.
Bull-Whipping Or Driving The Demand?
Bullwhip effect is a phenomenon of demand being overestimated or underestimated as it passes through various stages of supply chain resulting in exaggerated supply fluctuations. The increased variability in … Read More
Is S&OP An Event?
Taking stock of your Sales and Operations Planning Process may be a good start. It is important to understand what you get out of it and how it benefits your company in the planning and decision making process.
What Can Be So Difficult About Measuring Service Levels?
Line Fill Rate is an effective measure of supply chain performance. Fill Rate failure when properly diagnosed will give you much better information of what is hurting your supply chain so you can take corrective measures in time.
Optimizing The Order To Cash Process – What Is Your Priority?
When companies take a hard look at their business model and the underlying process, what is the key objective that is motivating them?
1. Return on Investment
2. Increasing Sales
3. Cost Reduction
Although all of the above are good objectives that lead to healthier businesses, companies are also driven by the latest buzz words – the latest consulting mantra, industry trend, and a flashy new technology from a sexy software company.
Optimizing the basic Order to Cash process will yield the cliched low-hanging fruits and result in a more compacted Cash-to-Cash cycle.
Is There a Correlation Between Inventories and Forecasting?
Some say yes………. and some say no! There are many things questionable about Statistics and Modeling and of course, the famous or infamous, Normal Distribution. Those who question the value … Read More
How To Create Models For Weekly Forecasting In SAP APO – A Primer
In our up-coming hands-on workshop on May 24, we will be adding a brief session on modeling at the weekly level so good intra-month splits can be achieved for the purposes of Production Planning and Detailed Scheduling (PPDS). We will evaluate the usefulness of weekly models to achieve good weekly splits of the monthly forecasts. What is the incremental value add of this process compared to using the APODPDANT proportioning keyfigure to derive the splits.
As we enter the last week of registration, only a few seats are left at rush pricing:
May 24th ‘Modeling & Metrics in SAP APO DP 1-day Workshop’ Boston, MA $995
http://demandplanning.net/modeling_metrics_in_apo_2.htm.
Planning Software – Part 1: How important is Integration?
What is integration? Why is it important? How well should my planning tool integrate with the rest of the system landscape?
We discuss the importance of ERP integration as a criterion in choosing a planning software. Most often software vendors that supply the ERP tools such as Oracle and SAP highlight this as one of the major selling points.