Good Estimators Are Also Good Demand Planners

One of the key skills of a demand planner is knowledge of predictive statistics or estimation. As we know, there are four properties of a good estimator as mentioned below. In this article we shall explore these properties as applicable to demand planners as well. Unbiasedness Efficiency Sufficiency Consistency Unbiasedness In demand planning the planner […]

How Much Data Is Good For Forecasting?

When a demand planner thinks about Forecasting the first thing that comes to mind is data. It is a common question by the planners about ‘how much data is required for forecasting’. In this article, we are going to discuss about the amount of data required for the reliable Forecasting. First let us burst the […]

Explaining Business Planning through the Game of Cricket

If you are a demand planner or working in a supply chain team in an organization, there is good probability that you may be frequently feeling the need for a collaborative business planning. Coming from a cricket-loving nation, we thought of attempting the analogy of the concept to this gentleman’s game that needs great deal […]

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