One of the interesting things about forecasting finished goods is how many functions participate in the development of the forecast and are subsequently impacted by the results. In a typical S&OP and consensus forecasting process, Sales, Operations and Planning collaborate to reach a best forecast to drive the operations and profit forecast for the...
I’m sure that all of us have played the Telephone Game at one time or another. One person starts a message that travels through several people and then we all have a good laugh over how much that message changed by the time it got to the last person. As funny as that can...
Why don’t you have these in stock? Why do you have so many of these in the warehouse? Why is your fill so low? Do these questions seem familiar coming from members of your management team or your customers? Of course they do! They are constantly asked throughout the year as we all try...