Calculating MAPE – Special Cases: Obsolete Stock
When calculating MAPE what is recommended when actuals are positive but forecast is 0 (for example when clearing obsolete stock)? Can you make the forecast match the actual quantity so … Read More
Demand Volatility vs Forecast Accuracy
Demand volatility does NOT necessarily mean the demand is unpredictable. Demand volatility also does not mean the demand is an ugly scatter of points across the map. Forecast accuracy and Demand volatility are two different things, though there is a strong relationship between accuracy and volatility in practice. To improve forecast accuracy, you may need to do a variety of things and reducing or mitigating volatility is just one of those things.
Using Orders to Predict POS?!
I saw this linked in comment in a discussion group: “I hate to get technical”. That expression always bothered me, but I am wondering who IS getting technical….who is using … Read More
Value Chain Metrics and Score-Carding
One of the Key steps to improving your Value chain is to measure and score-card the current state. If you don’t measure where you are, how will you know what … Read More
Demand Planning for CPG Companies
Demand Planning.Net is offering a training workshop to illustrate forecasting techniques for CPG companies. This is held on Jan 20 and 22 over the Web in two modules.
Too Big to Fail? Too small to save? Too Inefficient To Work With? Too Old School To Educate?
Policy makers hang on to the idea, or more like fear, that it is too risky to let big banks fail. There is a lot of talk and surmise that … Read More
Business Forecasting When Trend Is Not Your Friend…….
In the demand forecasting tutorial in New Jersey, there was a key question on forecasting during a recession. Forecasting is relatively easier in a boom. As they say the Trend … Read More
Excellent Participation In The Forecasting Tutorial
summary of the demand forecasting workshop held in NJ October 22-23.
Is SAP APO DP Complicated?
I have heard feedback from many business users and demand planners that SAP APO DP is complicated. Some think it is too rigid!! I have heard that it is too … Read More
SAP APO Demand Planning – Usability Versus Functionality
The complexity and scale of the data and functionality actually drowns out the requirement for business process mapping and leveraging the functionality to meet the business needs. So the key … Read More