Folks, it is with great pleasure to welcome all of you to the IBF’s Blog! I don’t know why it has taken us so long to get here with the amount of content, knowledge and experience we have to share in Demand Planning, Forecasting, and the Supply Chain. But, we’ve arrived and now full...
Statistical models are important, but they are not the be all and end all of forecasting. Forecasts can be further improved if: 1) Data is properly analyzed and treated before using a model 2) Have a process in place for obtaining data/information/feedback from various stakeholders, both within and outside the organization 3) Have a...
This is my first posting to the IBF’s new blog, and I’d like to express my thanks, first of all, to you, the readers and also to Anish Jain of the IBF who invited me in. Okay, let’s get to work. Are you ready for a horror story? It ranks right up there with...
My thanks to Constance Korol for the invitation to guest-blog on IBF’s site. It is quite the pleasure to follow Tom Wallace, one of my favorite thought-leaders in the field, and a true giant in S&OP (even if not a true giant in stature). If you are one of the few people in this...
At a time where recessionary forces are at work, many questions are being asked about how businesses have evolved their management practices and how this has affected their many stakeholders. The extent and depth of the recession has surprised many, and expansion of the ranks of the unemployed has hampered demand, seriously affecting patterns...
The Global Neighborhood of demand planners and forecasting professionals is coming together. Conversations and discussions are happening throughout the world and answers/ comments to common challenges are being addressed in forums. Since 1981, the IBF has educated and trained this community through publications, events, newsletters , membership benefits and certification. Now more than ever,...