Tag Archive
APICS
Bayer
best practices
consumption data
data cleansing
demand forecast
demand forecasting
demand planning
economic forecasting
Executive S&OP
forecast accuracy
forecasting
forecasting conference
forecasting function
forecasting metrics
forecasting models
forecasting system
FVA
Global Neighbourhood
i2
IBF
Institute of Business Forecasting and Planning
Intel
inventory management
Land O'Lakes
lead time
michael jackson
nike
one number
P&G
Procter & Gamble
recession
retail forecasting
risk management
S&OP
safety stock
Sales & Operations Planning
Sales and Operations Planning
sales forecasting
SAS
senior mangement support
stock-out
supply chain
supply chain forecasting
wells dairy
Where Should We Place the Forecasting Function?”
No matter where you place the forecasting function, you will have a bias in forecasts unless you create an independent department. Production people tend to over-forecast because it gives them fewer headaches resulting from out of stocks. But if they are evaluated on the basis of inventory, they would prefer under-forecasts. Salespeople have a... »

