Category: Forecasting

Forecasting Metrics and Diagnostics

Is Statistical Modeling an After thought?

Dr. Chockalingam

I have been preaching Usability for the past few years.

Put together fine tools – But help the users in making the transition to the tool – give them better understanding – Make the new tool more usable!

Give them the reports they need. Provide them an exception based workflow!

APO has good statistical models. They will help you move the peanut forward but only if they are understood and leveraged.

We just re-launched the marketing campaign for our Usability Consulting. Model tuning and model matching to product profiles are important elements of the Usability training.

Once implemented the Usability project will harmonize the use of models across planners from various geographies for the same business/product family. There will be streamlined work flow.

Forecasting

Slow Moving, Short History and Intermittently Demanded Products – How To Forecast?

Dr. Chockalingam

Every time we come across a slow moving item, we have to spend quite a bit of time analyzing the different factors to come up with a forecasting strategy that … Read More

Forecasting Metrics and Diagnostics

Automatic Outlier Detection – Blessing or Curse?

Dr. Chockalingam

One of the puzzled questions that Demand Planners ask in our training workshops is why their software produces a flat forecast 90% of the time.  An expensive software that took … Read More

Forecasting

Moving The ROC To Forecast…….

Dr. Chockalingam

Start with the forecast first and make plans and contingencies for the extent of the error. Improve on the forecast by quizzing, dialoguing, negotiating and working with the ROC. This should be well emphasized in the basics of supply chain management.

Join hands together to move the ROC to make a better demand plan!