Demand Forecasting, Sales Planning, Big Data Analytics & IBP
All stakeholders are under pressure and double-booked to understand the impact of COVID-19 on their demand planning. Everyone is on their toes and trying to prepare multiple what-if scenarios for … Read More
For the following scenario which of the following historical orders data stream you would consider from a demand planning perspective? 1. All order streams A to E should be considered? … Read More
Following are 17 suggested resolutions for your demand planning in 2017! 1. Trust the Stat Forecast . Although there are caveats, if tuned correctly, Stat can do wonders. 2. Spend … Read More
We have received several queries about our next Advanced Demand Management workshop. Below are some of the FAQs: What is “Advanced” about this workshop? The workshop content offer sessions … Read More
As we all know SAP is an Ocean where the chance of getting lost is quite high. Below are key takeaways from my experience while working on SAP Demand Planning … Read More
Quite often we get these questions from our constituents and Network members about the definition of demand. 1) Can I consider shipments as my demand? What if we had … Read More
When we review Supply Chain Dashboards, there are a variety of colorful metrics. Are they the right metrics – Are they calculated right to show true performance? … Read More
we started conducting the survey across supply chain and demand planning professionals from various industries. This survey was meant to compile information about their pain points, forecast error metrics they use, industry they work for, and who owns the demand planning function. We are publishing the first installment of the results from this survey in this newsletter.
As expected one of the metrics used by 52% of the respondents is WMAPE or volume weighted MAPE, calculated as Sum of Absolute errors divided by sum of actual demand.
Find out and bench mark with your peers from companies such as Michael Foods, Chemtura, Newell Rubbermaid, Johnsonville Sausage at our upcoming workshops. With very strong response for our September … Read More
