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Demand Forecasting Best Practices

Demand Forecasting Best Practices
Date: July 25th, 2023
ISBN: 1633438090
Language: English
Number of pages: 216 pages
Format: EPUB
Lead your demand planning process to excellence and deliver real value to your supply chain.

In Demand Forecasting Best Practices you’ll learn how to:
• Lead your team to improve quality while reducing workload
• Properly define the objectives and granularity of your demand planning
• Use intelligent KPIs to track accuracy and bias
• Identify areas for process improvement
• Help planners and stakeholders add value
• Determine relevant data to collect and how best to collect it
• Utilize different statistical and machine learning models

An expert demand forecaster can help an organization avoid overproduction, reduce waste, and optimize inventory levels for a real competitive advantage. Demand Forecasting Best Practices teaches you how to become that virtuoso demand forecaster.

This one-of-a-kind guide reveals forecasting tools, metrics, models, and stakeholder management techniques for delivering more effective supply chains. Everything you learn has been proven and tested in a live business environment. Discover author Nicolas Vandeput’s original five step framework for demand planning excellence and learn how to tailor it to your own company’s needs. Illustrations and real-world examples make each concept easy to understand and easy to follow. You’ll soon be delivering accurate predictions that are driving major business value.

About the Technology
An expert demand forecaster can help an organization avoid overproduction, reduce waste, and optimize inventory levels for a real competitive advantage. This book teaches you how to become that virtuoso demand forecaster.

About the Book
Demand Forecasting Best Practices reveals forecasting tools, metrics, models, and stakeholder management techniques for managing your demand planning process efficiently and effectively. Everything you learn has been proven and tested in a live business environment. Discover author Nicolas Vandeput’s original five step framework for demand planning excellence and learn how to tailor it to your own company’s needs. Illustrations and real-world examples make each concept easy to understand and easy to follow. You’ll soon be delivering accurate predictions that are driving major business value.

What's Inside
• Enhance forecasting quality while reducing team workload
• Utilize intelligent KPIs to track accuracy and bias
• Identify process areas for improvement
• Assist stakeholders in sales, marketing, and finance
• Optimize statistical and machine learning models

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