Forecast Level Optimization
In a recent client engagement, there was some lively discussion on Demand Modeling using the Product/Customer Hierarchy. Your forecast agreement with Supply Chain and Senior Management may call for delivering … Read More
Tag: Forecasting
Are You Still Using Excel For Forecasting And Planning?
Some of the big names who have used our services and expertise include Honeywell, Pepsi Foods, Brown-Forman, Labatt, Yaskawa, Coleman, McCain Foods, Lindt and many other small and medium size companies.
We can be reached at www.demandplanning.net. You can also contact our Business Development Manager at hatimr@demandplanning.net . We would be glad to have an initial call for a short diagnostic of the current processes and pain points.
Is Statistical Modeling an After thought?
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.
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
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
Excellent Participation In The Forecasting Tutorial
summary of the demand forecasting workshop held in NJ October 22-23.
Can We Use Multiple Linear Regressions to Model Sales Promotions?
The simplest approach to model promotions is through interventions. This is also called event modeling in the literature. We collect a list of events and classify into types of events … Read More
The Mystery of Moving Averages
A user in an APO forum lamented: “I am trying to use the Moving Average option in APO DP but I get a static forecast that remains constant for all the future … Read More