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New Product Forecasting techniques and how to identify a similar product webinar
What is in it for me? Asks my Sales Head
June 28, 2018
Demand planners who are setting up a new S&OP process or are trying to involve the sales team into the planning process often face a lack of expected enthusiasm from the sales team.
Outsourced Forecasting – FAQ
August 4, 2017
Most companies have no idea how much their planners are increasing or degrading the forecast using the system. Learn more
Good Estimators Are Also Good Demand Planners
June 29, 2017
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. Learn more
How Much Data Is Good For Forecasting?
June 15, 2017
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’. Read more
Coming from a cricket-loving nation, we thought of attempting the analogy of the concept to this gentleman’s game that needs great deal of collaboration between players of different competencies. Read more
Invest in Business Planning Training To perform at peak capacity one needs to stay sharp. In corporate culture to stay ahead you need to constantly sharpen the skills. Training helps reinforced the learning demanded by the function. This is a worthwhile use of resources both from the company’s perspective and from the perspective of the […]
Does your planning software have a genie ?
May 11, 2017
The function of planning and forecasting goes back a long way and has mentions as an ancient practice in religious and historical texts. Like all other phenomena, the function deals with development and advancement, whether theoretical or technological, in a cyclic manner – Realise, Reconstruct, Refresh and Repeat. When it comes to modelling times series sales […]
There is an old expression that is ubiquitous in human activities that involve the use of input data to create actionable information. That expression is: ‘Garbage In, Garbage Out’. The same axiom applies to time-series forecasting. Time-series forecasting is a technique which is predicated upon the tenet that a mathematical model which fits the pattern […]