Forecasting

Boon Edam was looking to shift towards a combined business model of “made to stock” and “assembly to order” - where modules which could be placed into a configuration requested by the customer would be ready for production.

Recently I got an email from the North Pole saying that Santa Claus wanted to talk with me...I will have to admit that when you get a request from the head of the elves it is not something you want to ignore. A phone call was set up for later that week.

For retailers, the ability to capture and analyze retail data to make marketing suggestions is well recognized, however, as a transformative technology, it’s no little black dress that pulls everything together, it’s actually an accessory, and the same can be said for machine learning.

This whitepaper shares best methods on how to forecast demand accuracy.

Inventory improvements efficiencies translate into improved financial metrics.

Surrounded by an explosion of data, most forecasting systems can’t leverage it - here’s how you can.

This real-life, sales and operations planning (S&OP) account offers a comprehensive look at how a disciplined, step-by-step S&OP revamp can succeed.

One of the most frequently asked questions by newly appointed supply chain executives is about how to effectively relate to the C-suite.

The number of products a planner can manage is heavily dependent on how easy or difficult it is to develop a reasonable forecast for those products.

There are two equally important outputs of demand forecasting and you may be focusing nearly all your energy on only one, and maybe even the wrong one.

So the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. There is a sense of urgency surrounding this new high profile initiative. One may ask, “What’s next?” Well, here are a few steps that you will need to take to deploy your forecasts successfully.

In the world of commerce, every business ecosystem has a type of supply chain that is critical to corporate operations. These supply chains rely on a network of plants and facilities to add value to and transform raw materials into a final product. Any disruption or sub-optimization in the supply chain can and will significantly impact a company’s profitability.

Demand Management’s announcement comes at a time when more and more software providers are allowing customers to access their solutions in the cloud. By offering its integrated supply chain planning suite on a subscription basis, Demand Management enables companies to get up and running on the platform as quickly and affordably as possible.

Nate Silver’s best-selling book The Signal and The Noise – Why So Many Predictions Fail – But Some Don’t is about Big Data. The lessons in our white paper – which draw their inspiration from The Signal and The Noise - will change how you think about forecasting.