Demand Forecasting, Sales Planning, Big Data Analytics & IBP
When The Shelf Is Empty: Inventory Non-Availability Part 2 of a 3-part series, Decomposing Customer Service Failure In Part 1, we covered Order Inaccuracy issues that drive failure – failures … Read More
๐ ๐ช๐ต๐ฒ๐ป ๐ง๐ต๐ฒ ๐ช๐ฟ๐ผ๐ป๐ด ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐๐ฒ๐ฎ๐๐ฒ๐ ๐ง๐ต๐ฒ ๐๐ผ๐ฐ๐ธ: ๐ช๐ต๐ ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐๐ป๐ฎ๐ฐ๐ฐ๐๐ฟ๐ฎ๐ฐ๐ ๐๐ ๐ ๐๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ถ๐ฎ๐น ๐๐ฎ๐ถ๐น๐๐ฟ๐ฒ, ๐ก๐ผ๐ ๐ ๐ฆ๐๐ฝ๐ฝ๐น๐ ๐๐ต๐ฎ๐ถ๐ป ๐ข๐ป๐ฒ! ๐ฃ๐ฎ๐ฟ๐ ๐ญ ๐ผ๐ณ ๐ฎ ๐ฏ-๐ฝ๐ฎ๐ฟ๐ ๐๐ฒ๐ฟ๐ถ๐ฒ๐ โ ๐๐ฒ๐ฐ๐ผ๐บ๐ฝ๐ผ๐๐ถ๐ป๐ด ๐๐๐๐๐ผ๐บ๐ฒ๐ฟ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ … Read More
Companies at the basic level of demand planning should first implement a basic stat forecasting tool and define a baseline forecast, hire a demand planner and establish a formal monthly process.
Your best volume month could be your most dangerous data point for your forecast model… Volume spikes clearance salesย ย You just sold off your slow moving and dated inventory in a … Read More
IBP Process for Omni-Channel Why Omni-Channel Without an Effective IBP Is Just Expensive Chaos? Most omni-channel operators are managing complexity, not orchestrating it. Demand signals from stores, marketplaces, DTC, and … Read More
In a previous post I had illustrated how Chronos 2 outperformed the standard Box Jenkins and Holt Winters forecasts from Python asย wellย the forecasts from a popular Commercial time series forecasting … Read More
Foundation Model Amazon Chronos on Airline dataย We tested the Chronos Foundation model with just one simple time series data set that is available everywhere – the Airline Passenger traffic … Read More
Fast planning isn’t smart planning. It’s one of those lessons every supply chain team eventually learns โ usually the hard way, in the middle of a constrained quarter when a … Read More
New product forecasting is always a challenge for most organizations. FMCG and Food & Beverage companies, in particular, experience this frequently โ sometimes as often as twice a year. Ironically, … Read More
In the post-pandemic World, it’s becoming increasingly important for companies to capture true demand โ what the customers really wanted to buy rather than observing just what was shipped Understanding … Read More
