Posts Tagged ‘ forecasting ’

Are you Ready for the Unexpected? Demand and Supply Chain Professionals Play a Critical Role in Managing Risk

July 7, 2009
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Are you Ready for the Unexpected? Demand and Supply Chain Professionals Play a Critical Role in Managing Risk

It’s a warm June morning in Omaha, the phone rings and you answer.  The man on the other end of the line explains that there has been an explosion at your production site in North Carolina, thoughts race through your mind, first to the safety of your employees, then to the condition of your...

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Michael Jackson and Supply Chain Forecasting & Planning

June 30, 2009
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Michael Jackson and Supply Chain Forecasting & Planning

We all know a strike, natural disaster, large scale power failure/ black out, major retail customer dropping you as a supplier, major competitor dropping out of the market, recall of a product due to contamination and more can have a major impact on your demand, for the worse and for the worse (yes, I...

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Are We All Moving From a “Push” to a “Pull” Forecasting World like Nestle?

June 23, 2009
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Are We All Moving From a “Push” to a “Pull” Forecasting World like Nestle?

I always look forward to the IBF’s annual Consumer Products & Retail Forecasting Forum. It gives me a chance to validate the direction we are taking our own forecasting and demand planning processes.  There were many different themes that came out of the IBF Conference.  The one that resonated with me the most was...

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News Flash! Long Lead Times, Safety Stock, Backorders Etc. All Cost Money

June 17, 2009
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News Flash! Long Lead Times, Safety Stock, Backorders Etc. All Cost Money

What goes around comes around. Many years ago, when I was young, people in the Northeast and Midwest were upset because they were losing jobs to the South. Let’s call that Phase 1. Later, people all over the U.S. were upset because so many jobs were going to Mexico. That’s Phase 2, and it...

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Welcome to IBF’s Blog!

June 9, 2009
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Welcome to IBF’s Blog!

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...

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The Scoop on S&OP: One Company’s Recession Story

May 30, 2009
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The Scoop on S&OP: One Company’s Recession Story

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...

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Consumer Products & Retail Forecasting Forum

May 29, 2009
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Consumer Products & Retail Forecasting Forum

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...

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Are our Supply Chain Strategies Redistributing Economic Wealth and Standards of Living?

May 28, 2009
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Are our Supply Chain Strategies Redistributing Economic Wealth and Standards of Living?

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...

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IBF’s Mini Demand Planning & Forecasting Tutorial Brings Together a Global Group

May 28, 2009
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IBF’s Mini Demand Planning & Forecasting Tutorial Brings Together a Global Group

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,...

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