Demand Forecasting, Sales Planning, Big Data Analytics & IBP
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
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.
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.
Having worked with many software applications for planning – demand, supply, finance, and S&OP – I have experienced a sense of elation (seeing something work very nicely) and shock (seeing something that work so stupidly on something so obvious). In a series of blog entries starting this week, I am planning to examine the important characteristics of planning software.
The workshops offered by Demand Planning Net are unique in the sense we actually offer practical, hands-on workshops. We assign pre-work to every attendee before the come to the workshop. Every one needs to bring a laptop to work through individual and group exercises to create actual demand plans and solve demand analytic challenges.
They submit solved case studies before they get a certificate of completion. This certificate of completion is essential as a pre-requisite before appearing for the certification exams in Demand Planning and Sales Forecasting.
Many professionals who have attended our workshops, have reported back that they were able to use the concepts in their every day activity. Many of our attendees are our loyal fans and have sent their colleagues and peers and successors to the workshops.
This article summarizes the difference between Demand Planning and Demand Management. We raise the question on the role of Demand Planners in Demand Sensing, Demand Shaping and Demand Management.
There was an interesting technical issue at a client using SAP SCM with substantial investment in demand planning using SCM tools. After some googling, I landed on this blog … 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.
Demand Planning Net offers a service called Usability consulting where we improve the usability of your statistical tool by performing model tuning, setting the right tool parameters and finally training the planners in statistical modeling. Demand Planning Net has worked with clients helping them leverage the statistical features in their software applications.
• Most applications inherently have the analytical power to develop effective baseline forecasts.
• Most software tools allow you to create exception thresholds so you can streamline the forecasting process by exception.
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
