Questions On Demand Planning Training Workshop in India
In response to our workshop announcement, we have received several emails with number of questions. Given that we have only experienced the tip of the iceberg when it comes to … Read More
Draper Team Aims to Improve Predictions Through SPADE 10/05/2011
Press Release from Draper Laboratories CAMBRIDGE, MA – Draper Laboratory is leading a team that aims to improve long-term intelligence predictions through software that weights most heavily forecasts from analysts … Read More
SKU Level Forecasting OR Aggregate Planning – The Case For S&OP
Talk to any supply planner, they will say they need a forecast at the SKU level. The more detail the better. So the demand planner is on the defensive, … Read More
Why Moving Averages In APO DP Rarely Move?
When I was a beginning student of Statistics in High School, I was fascinated by moving averages. This is pretty cool stuff to get an average that moves over time … Read More
Predicta Forecasting Tool – New Kid On The Block!!
Predicta is the new kid on the block when it comes to forecasting applications. The tool is easy to use and has a nice look and feel to it, although the company needs to address many challenges in the modeling area.
S&OP Best Practice: Engage In Ongoing Cross-Functional Communication Rather Than Wait For “The Meeting” Once a Month!
S&OP Best practice: Engage in ongoing cross-functional communication rather than wait for “the meeting” once a month! It is recommended to increase the interdepartmental communication – think of the S & OP as a process rather than a collection of meetings that happens at periodic intervals.
Forecasting Efficiency Quotient (FEQ) vs. GMRAE
There are more questions on the comparison between FEQ and GMRAE. Please review the material on the http://www.demandplanning.net/DemandMetricsExcelTemp.htm. We will post the comparison shortly.
The Forecasting Efficiency Quotient
As demand planners, have we added value through forecasting? Is your forecasting effort efficient? You can answer in the affirmative, if your diligent efforts in demand planning has resulted in … Read More
Demand Metrics for Forecast Diagnostics
We just published a new Demand Metrics Diagnostics Template for all DPNet users. This template is provided as a reference to calculate the health of the modeled forecast for one … Read More
Calender Effect in Forecasting
Hi All, As we know last weekend was long holiday for US. Our sales was also affected. So for forecasting can anybody suggest how to include calendar effects in ARIMA … Read More