Posts Tagged ‘ demand management ’

Yokohama Tire Canada: Forecast Accuracy and the Cost of Being Right

April 7, 2010
By Jonathon Karelse
Yokohama Tire Canada: Forecast Accuracy and the Cost of Being Right

Demand planning and forecasting is a process which, because of its intrinsic focus on “error”, too often invites misguided efforts at producing perfection.  Like the alchemists’ quest for gold, the goal is illusory and may cost more than any benefit it yields.  Consider that the result of demand planning is only profitable to the...
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YES WE CAN Align our Volume Forecasts with our Financial Forecasts and Work with a Single Number for a Long Term Time Horizon

August 31, 2009
By Mark Covas
YES WE CAN Align our Volume Forecasts with our Financial Forecasts and Work with a Single Number for a Long Term Time Horizon

Dr. Jain (Chief Editor of the IBF’s Journal of Business Forecasting), and I have recently been collaborating on an article that is a wake up call for Planning organizations to have their house in order so they can recognize the signals for an economic recovery. I am a proponent for completeness and integrity of...
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