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To Prepare Demand Forecasts, Should We Listen to Our Customers?
If the answer to this question appears to be obvious, please read on! There’s been lots of discussion about how forecasting is done, but much less about what is forecasted. Now, this is an important issue for all forecasters, but none more so than Supply Chain forecasters. Let’s suppose you’re using a particular forecasting... »
What Management Must Know About Forecasting
Are there some things you wish your organization’s management knew about forecasting? Those of us who have served time in the forecasting profession know that “serving time” is an apt description of the job. Being a business forecaster is sort of like being in county lock-up – without the benefit of free meals, charming... »
Cleaning Up with Supplier Collaboration from the Makers of Hoover and Dirt Devil
Do you have nightmares that your critical suppliers will make short or no notice revisions to your critical component supply orders? How would your company adapt if suppliers decided to switch to buying their components from low-cost, low-quality countries and delivered unreliable or faulty parts for your products? How would your delivery performance fare... »