Tweet Businesses go through change frequently and as we all know, change is difficult because we are human. Change and transformation are necessary for companies to adapt and improve, but in order for change to be effective, many factors need to be addressed simultaneously. Take demand planning and forecasting for example. If you work for…
Tweet On the supply-side, Sales & Operations Planning (S&OP) most commonly fails when an unconstrained plan meets real-world constraints. In this post, we would like to explore the nature of these constraints and suggest ways to moderate the operations plan in order to come up with a more predictable supply capability. Process and Product Constraints…
Tweet 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…
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