The Business Forecasting Deal
Exposing bad practices and offering practical solutions in business forecasting
Here is editor Len Tashman's preview of the new Spring 2014 issue of Foresight. In particular note the new article by Steve Morlidge of CatchBull, reporting on an analysis of eight B2B and B2C companies, which we'll discuss in a separate post. An organization’s collaboration in forecasting and planning has
Q: How would you set the target for demand planners: all products at 0.7? All at practical limit (0.5)? A: In principle, forecasts are capable of being brought to the practical limit of an RAE of 0.5. Whether it is sensible to attempt to do this for all products irrespective
We'll interrupt the series on Why Forecasts are Wrong, with a report from the inaugural Analytics 2011 conference, held last week in Orlando. A2011 drew over 1025 attendees (from 44 states and over 25 counties). The Analytics conference series features a wide range of topics (including forecasting, optimization, data mining, text
This week brought big news of one of the most cruel and heartless tyrants of the 21st century. This man is known for narcissistic behavior, surrounding himself with a cadre of beautiful women, sleeping in a different place every night, picking new favorites each week, and bringing tears and untold suffering
Two weeks ago I had the pleasure of reading Tom Wallace's new book, Sales & Operations Planning: Beyond the Basics. This is not an introductory "how to" book -- Tom and Bob Stahl have already written those -- but instead covers nine major companies that have implemented (and extended!) S&OP
Webinar October 4, 1:10 pm ET: What is Your Product Forecastability??? Thanks to Rich Gendon and the Chicago APICS chapter for hosting me last week at their professional development dinner meeting. I always enjoy evening speaking gigs, as they provide a chance to break out some of my nightclub-worthy material.