The Demand Planning Career, Is it a Curse or a Blessing?

By Sylvia Starnes
Curse king tut 300x199 The Demand Planning Career, Is it a Curse or a Blessing?

If you have any knowledge of Demand Planning, I am sure that you have heard the following: “Demand Planners are like meteorologists, they rarely get credit for doing the job correctly and they’re only noticed when they get it wrong.” Even so, the bottom line is that there are serious and costly ramifications which can occur if these decisions are wrong. For this reason, the demand planning position can be one of the most important and visible in the company.… READ MORE

The Demand Planning Career, Is it a Curse or a Blessing?

By Sylvia Starnes
Curse king tut 300x199 The Demand Planning Career, Is it a Curse or a Blessing?

If you have any knowledge of Demand Planning, I am sure that you have heard the following: “Demand Planners are like meteorologists, they rarely get credit for doing the job correctly and they’re only noticed when they get it wrong.” Even so, the bottom line is that there are serious and costly ramifications which can occur if these decisions are wrong. For this reason, the demand planning position can be one of the most important and visible in the company.… READ MORE

Guest blogger: Len Tashman previews Spring 2014 issue of Foresight

By Mike Gilliland
LenTashman2014 Guest blogger: Len Tashman previews Spring 2014 issue of Foresight

Here is editor Len Tashman’s preview of the new Spring 2014 issue of Foresight. In particular note the new article by Steve Morlidge of CatchBull, reporting on an analysis of eight B2B and B2C companies, which we’ll discuss in a separate post.

An organization’s collaboration in forecasting and planning has both internal and external components. While sales and operations planning (S&OP) has become the standard infrastructure for collaborative efforts within the firm, opportunities for collaboration among supply chain partners have emerged as potential win-wins for the companies involved.… READ MORE

Guest blogger: Len Tashman previews Spring 2014 issue of Foresight

By Mike Gilliland
LenTashman2014 Guest blogger: Len Tashman previews Spring 2014 issue of Foresight

Here is editor Len Tashman’s preview of the new Spring 2014 issue of Foresight. In particular note the new article by Steve Morlidge of CatchBull, reporting on an analysis of eight B2B and B2C companies, which we’ll discuss in a separate post.

An organization’s collaboration in forecasting and planning has both internal and external components. While sales and operations planning (S&OP) has become the standard infrastructure for collaborative efforts within the firm, opportunities for collaboration among supply chain partners have emerged as potential win-wins for the companies involved.… READ MORE

Things I Can't Do

I'm starting to get alarmed about my ever-shrinking attention span. When you combine my gnat-like attention span with the creeping complexity of life and my infinite to-do list it renders simple tasks impossible.

For example, every now and then I have to write an old-timey check. The entire process takes less than a minute, but I can't concentrate long enough to fill in the date and amount without my mind wandering and my hand doing automatic writing on whatever topic is passing through.… READ MORE

Time for a Mea Culpa?

By Lora Cecere
cautious 1024x617 Time for a Mea Culpa?

It is a slow week. Most of my friends are on vacation. I would like to be on vacation with them, but it is not in the cards.

I have taken myself off the road to write the book Metrics That Matter. It is tedious.

Let me just state for the record that “Saying that you are going to write a book, is far more exciting than writing one.” I like to write, but I am 52,000 words into a 90,000 word project, and I am struggling.… READ MORE

Infographic: 5 Top Opportunities in Your Supply Chain

By Stephanie Stein

5 opportunities  Infographic: 5 Top Opportunities in Your Supply Chain

The infographic below depicts the top five opportunities in your supply chain. By conquering supply chain complexity, wrangling data, deploying supply chain analytics, improving supply chain metrics, and developing supply chain talent your company can remain competitive and adapt to changes in the marketplace. If you want to read more about these 5 opportunities, visit this previous blog by Billy Hou.

Source: OPS Rules Blog… READ MORE

Q&A with Steve Morlidge of CatchBull (Part 4)

By Mike Gilliland

Q: ­How would you set the target for demand planners: all products at 0.7? All at practical limit (0.5)?­

A: In principle, forecasts are capable of being brought to the practical limit of an RAE of 0.5.

Whether it is sensible to attempt to do this for all products irrespective of the amount of effort and resources involved in achieving it is another matter. It would be much more sensible to set aspirations based upon considerations such as the business benefit of making an improvement, which may be based on the size of the products, the perceived scope for improvement or strategic considerations such as the importance of a set of products in a portfolio.… READ MORE

Continuous Improvement with Document Management & Employee Training

By Mary McAtee
Yogi Berra resized 600 Continuous Improvement with Document Management & Employee Training
Documentation and Training as a Means to Assure Continuous Improvement

“If you don’t know where you’re going any road will take you there”. This is a quote from a keen observer of human nature, the great Yogi Berra. I quote him frequently and in this particular observation he is totally on point. One of the keys to identifying and correcting issues is removing as many variables as possible in order to zero in on what works and what doesn’t.… READ MORE

Q&A with Steve Morlidge of CatchBull (Part 3)

By Mike Gilliland

Q: ­How important is it to recognize real trend change in noisy data?­

A: It is very important. In fact the job of any forecast algorithm is to predict the signal – whether it is trending or not – and to ignore the noise.

Unfortuantely this is not easy to do because the trend can be unstable and the noise confuses the situation. In fact one of the most common problems with forecasting algorithms is that they ‘overfit’; the data which means that they mistake noise for a signal.… READ MORE

Baseball Fans?

I interrupt this otherwise fascinating blog to give away some free stuff.

If you'd like to add your favorite Major League Baseball team's schedule (USA) to your calendar with a few clicks, it will only take about ten seconds at CalendarTree.com. Click on the “Public Schedules” link. (I'm a co-founder of CalendarTree.)

You don't need to sign up for anything. Just click to add the team schedule of your choice to your Google, Apple, or Outlook calendar.

To sweeten the deal, I'll email a personalized Dogbert sketch to anyone who tweets the baseball schedule link (CalendarTree.com) to more than 500 followers.… READ MORE

Thoughts from IBF’s Supply Chain Forecasting & Planning Conference in Dubai

By Sandeep Karkera
share save 256 24 Thoughts from IBF’s Supply Chain Forecasting & Planning Conference in Dubai

As I consider the evolution of the role demand planning and forecasting has gone through over the years and what the future may hold for the involved professionals, I can’t help but think we could be on the cusp of a renaissance.

Last month, I was truly delighted to be part of the prestigious IBF Conference in Dubai for the second year in a row. I learned many new things from a large group of well-known experts participating in the event.… READ MORE