Demand forecasting is an approach that uses qualitative or quantitative methods to estimate product consumption in future periods. According to these estimates, production is planned within the company and the manufacturing of products is anticipated in order to reduce delivery times. Forecasts in this particular context help to produce quantities close to real demand.
I. A Ground-Level Survey of 317 Forecasting Professionals We surveyed 317 professionals working in demand forecasting roles worldwide, and their responses offer a raw, honest look at what’s working, what’s […]
What 317 Forecasters Revealed About the Real Struggles in Demand Forecasting Read More »
When people talk about transforming their supply chain, they often think of tools first: Power BI, SAP, dashboards, connectors, or AI platforms. But after reading through over 160 survey responses
The role of a Demand Planner is one of the most strategic positions in the Supply Chain. And yet, many organizations still underestimate the importance of this role. With over
Demand Planner Role: 6 pillars to become an Expert Read More »
Demand forecasting can quickly become overwhelming. But sometimes, the simplest tools are still the most effective. One of my go-to methods when I need a quick and reliable forecast is
Moving Average Formula: The Simple Tool I Still Use to Forecast Demand Read More »
How to Make Accurate Sales Forecasting for New Products? This is not an easy task, and a mistake can be costly for the company, whether due to stock shortages or
Sales Forecasting for New Products: Complete Guide Read More »
The forecast reliability or forecast accuracy is a key indicator in demand planning. If chosen correctly and measured properly, it will allow you to reduce your stock-outs, increase your service
Forecast Accuracy formula: 4 Calculations in Excel Read More »
Forecasting in Excel offers a quick and efficient way to predict future trends by leveraging historical data. This Forecasting in Excel tutorial explains how to create forecasts in Excel, adjust
Forecasting in Excel : A Step-by-Step Tutorial with exemples Read More »
In this article, we will explore how to use ChatGPT to automate sales forecasting. Starting with an Excel file containing Amazon’s quarterly sales data, we will ask ChatGPT to generate
How to Use ChatGPT for Sales Forecasting in Excel: Full Tutorial Read More »
Introduction to Sales and Operations Planning (S&OP) Sales and Operations Planning (S&OP) is a robust and comprehensive business process that has significantly evolved over the past few decades. Often recognized
The Power of S&OP: Unveiling the Success Behind Global Supply Chain Operations Read More »
