Improving Forecasts With Integrated Business Planning

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Improving Forecasts with Integrated Business Planning

Author : Ganesh Sankaran
Publisher :
ISBN 13 : 9783030053826
Total Pages : pages
Book Rating : 4.0/5 (538 download)

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Book Synopsis Improving Forecasts with Integrated Business Planning by : Ganesh Sankaran

Download or read book Improving Forecasts with Integrated Business Planning written by Ganesh Sankaran and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides both a broad overview of the forecasting process, covering technological and human aspects alike, and deep insights into algorithms and platform functionalities in the IBP toolbox required to maximize forecast accuracy. Rich in technical and business explanations, it addresses short-, medium- and long-term forecasting processes using functionalities available in demand planning and demand sensing. There are also several theoretical concepts underpinning the algorithms discussed; these are explained with numerical examples to help demystify the IBP forecasting toolbox. Beyond standard procedures, the book also discusses custom approaches (e.g. new segmentation criteria, new outlier detection and correction methods) and new methods (e.g. the use of Markov chains for forecasting sporadic demands), etc. It subsequently benchmarks common practices using these innovative approaches and discusses the results. As measurement is an important precondition for improvement, an entire chapter is devoted to discussing process improvement and value using the Six Sigma methodology. In closing, the book provides several useful tips and tricks that should come in handy during project implementation. .

Improving Forecasts with Integrated Business Planning

Author : Ganesh Sankaran
Publisher : Springer
ISBN 13 : 3030053814
Total Pages : 430 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Improving Forecasts with Integrated Business Planning by : Ganesh Sankaran

Download or read book Improving Forecasts with Integrated Business Planning written by Ganesh Sankaran and published by Springer. This book was released on 2019-03-05 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides both a broad overview of the forecasting process, covering technological and human aspects alike, and deep insights into algorithms and platform functionalities in the IBP toolbox required to maximize forecast accuracy. Rich in technical and business explanations, it addresses short-, medium- and long-term forecasting processes using functionalities available in demand planning and demand sensing. There are also several theoretical concepts underpinning the algorithms discussed; these are explained with numerical examples to help demystify the IBP forecasting toolbox. Beyond standard procedures, the book also discusses custom approaches (e.g. new segmentation criteria, new outlier detection and correction methods) and new methods (e.g. the use of Markov chains for forecasting sporadic demands), etc. It subsequently benchmarks common practices using these innovative approaches and discusses the results. As measurement is an important precondition for improvement, an entire chapter is devoted to discussing process improvement and value using the Six Sigma methodology. In closing, the book provides several useful tips and tricks that should come in handy during project implementation.

Fundamentals of Demand Planning and Forecasting

Author : Chaman L. Jain
Publisher :
ISBN 13 : 9780983941309
Total Pages : 402 pages
Book Rating : 4.9/5 (413 download)

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Book Synopsis Fundamentals of Demand Planning and Forecasting by : Chaman L. Jain

Download or read book Fundamentals of Demand Planning and Forecasting written by Chaman L. Jain and published by . This book was released on 2012 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Integrated Business Planning

Author : Robert Kepczynski
Publisher : Springer
ISBN 13 : 3319756656
Total Pages : 276 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Integrated Business Planning by : Robert Kepczynski

Download or read book Integrated Business Planning written by Robert Kepczynski and published by Springer. This book was released on 2018-05-31 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive introduction to Integrated Business Planning (IBP), building on practitioner’s experience and showcasing the value gains when moving from disconnected planning to IBP. It also proposes a road map for the transformation of planning, including technological initiatives, business priorities and organizational processes, and demonstrates how to motivate different IBP stakeholders to work together, when and how to connect strategic (to be understood as long term SC&O), tactical and operational planning and how to leverage functional and data integration features of SAP IBP. Real-world business-process use cases help to show the practical implications of implementing SAP IBP. Furthermore the book explores new capabilities, talent acquisition and retention, career development leadership, IBP Center of Expertise. A discussion of how disruptive technology trends like big data, Internet of Things, machine learning and artificial intelligence can influence IBP now and in the near future rounds out the book.

Implementing Integrated Business Planning

Author : Robert Kepczynski
Publisher : Springer
ISBN 13 : 3319900951
Total Pages : 474 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Implementing Integrated Business Planning by : Robert Kepczynski

Download or read book Implementing Integrated Business Planning written by Robert Kepczynski and published by Springer. This book was released on 2018-07-23 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides comprehensive guidance on leveraging SAP IBP technology to connect strategic (to be understood as long term SC&O), tactical and operational planning into one coherent process framework, presenting experience shared by practitioners in workshops, customer presentations, business, and IT transformation projects. It offers use cases and a wealth of practical tips to ensure that readers understand the challenges and advantages of IBP implementation. The book starts by characterizing disconnected planning and contrasting this with key elements of a transformation project approach. It explains the functional foundations and SAP Hybris, Trade Promotion Planning, Customer Business Planning, ARIBA, and S/4 integration with SAP IBP. It then presents process for integrating finance in IBP. Annual planning and monthly planning are taken as examples of explain Long term planning (in some companies labeled as strategic). The core of the book is about sales and operations planning (S&OP) and its process steps, product demand, supply review, integrated reconciliation and management business review, illustrating all steps with use cases. It describes unconstrained and constrained optimized supply planning, inventory optimization, shelf life planning. We explain how to improve responsiveness with order-based allocation planning, sales order confirmation, and big deal / tender management coupled with simultaneous re-planning of supply. The book closes with a chapter on performance measurement, measurement of effectiveness, efficiency, and adherence.

Demand Management Best Practices

Author : Colleen Crum
Publisher : J. Ross Publishing
ISBN 13 : 1932159010
Total Pages : 257 pages
Book Rating : 4.9/5 (321 download)

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Book Synopsis Demand Management Best Practices by : Colleen Crum

Download or read book Demand Management Best Practices written by Colleen Crum and published by J. Ross Publishing. This book was released on 2003-06-15 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective demand management is becoming critical to acompany's profitability. Demand Management BestPractices: Process, Principles, and Collaborationprovides best practice solutions that will improveoverall business performance for supply chain partnersand all functions within a company impacted by the demandmanagement process. The ......

The Oliver Wight Class A Standard for Business Excellence

Author : Oliver Wight International, Inc.
Publisher : John Wiley & Sons
ISBN 13 : 1119404479
Total Pages : 182 pages
Book Rating : 4.1/5 (194 download)

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Book Synopsis The Oliver Wight Class A Standard for Business Excellence by : Oliver Wight International, Inc.

Download or read book The Oliver Wight Class A Standard for Business Excellence written by Oliver Wight International, Inc. and published by John Wiley & Sons. This book was released on 2017-05-08 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oliver Wight Class A Standard for Business Excellence is the definitive, comprehensive statement of excellence in business today. Oliver Wight’s Class A Standard is the accumulated practice and experience of Oliver Wight Consultants around the world. It reflects the effort and achievement of thousands of client companies who have used the standard, and the benchmark capability it enables, to differentiate their business. The Seventh Edition will be the standard of business excellence for all businesses. The standard will take the reader through an understanding of business maturity and how to drive increase maturity with corresponding sustainable business benefit. Using the Oliver Wight Proven Path, a journey of “Milestones” focused on strategic priorities that drive you through a series of defined Maturity Transitions, people, behavior and processes all become more aligned and focused. Updated content will include new information on collaboration, segmentation, value chain, analytics, optimization, and planning. Please note: Previous editions of this book were titled The Oliver Wight Class A Checklist for Business Excellence.

Next Generation Demand Management

Author : Charles W. Chase
Publisher : John Wiley & Sons
ISBN 13 : 1119227380
Total Pages : 204 pages
Book Rating : 4.1/5 (192 download)

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Book Synopsis Next Generation Demand Management by : Charles W. Chase

Download or read book Next Generation Demand Management written by Charles W. Chase and published by John Wiley & Sons. This book was released on 2016-08-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical framework for revenue-boosting supply chain management Next Generation Demand Management is a guidebook to next generation Demand Management, with an implementation framework that improves revenue forecasts and enhances profitability. This proven approach is structured around the four key catalysts of an efficient planning strategy: people, processes, analytics, and technology. The discussion covers the changes in behavior, skills, and integrated processes that are required for proper implementation, as well as the descriptive and predictive analytics tools and skills that make the process sustainable. Corporate culture changes require a shift in leadership focus, and this guide describes the necessary "champion" with the authority to drive adoption and stress accountability while focusing on customer excellence. Real world examples with actual data illustrate important concepts alongside case studies highlighting best-in-class as well as startup approaches. Reliable forecasts are the primary product of demand planning, a multi-step operational supply chain management process that is increasingly seen as a survival tactic in the changing marketplace. This book provides a practical framework for efficient implementation, and complete guidance toward the supplementary changes required to reap the full benefit. Learn the key principles of demand driven planning Implement new behaviors, skills, and processes Adopt scalable technology and analytics capabilities Align inventory with demand, and increase channel profitability Whether your company is a large multinational or an early startup, your revenue predictions are only as strong as your supply chain management system. Implementing a proven, more structured process can be the catalyst your company needs to overcome that one lingering obstacle between forecast and goal. Next Generation Demand Management gives you the framework for building the foundation of your growth.

Integrated Tactical Planning

Author : Rod Hozack
Publisher : John Wiley & Sons
ISBN 13 : 1119784751
Total Pages : 245 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Integrated Tactical Planning by : Rod Hozack

Download or read book Integrated Tactical Planning written by Rod Hozack and published by John Wiley & Sons. This book was released on 2021-02-24 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The experts at Oliver Wight provide business leaders with invaluable information for integrating the tactical planning process Integrated Tactical Planning (ITP) is an essential process for regularly re-aligning product, demand, and supply plans in the short term, thereby giving the Executive team the confidence that operational activities are being well managed, unless they formally hear otherwise. This cross-functional re-planning process is vital to responding to change, increasing competitiveness, and reducing costs. Integrated Tactical Planning: Respond to Change, Increase Competitiveness and Reduce Costs helps senior executives devote more time to strategy and other value-added activities by deploying ITP practices throughout their organization. Written by the leadership team at Oliver Wight, one of the world’s most respected firms for effectively integrating business processes and improving business outcomes, this authoritative resource offers a contemporary view of the processes, behavior change methods, and new technology for implementing ITP processes. Throughout the text, the authors share business-proven concepts, define fundamental terms, and provide real-life examples of how Integrated Tactical Planning has been applied in various industries and businesses. Clear and accurate chapters cover essential topics including strategy alignment, product and demand plan execution, supply scheduling, performance improvement, and more. Presenting the information necessary to get an organization started on its Integrated Tactical Planning journey, this book: Describes how to manage and align product portfolio changes and new products within a single management process Explains the mechanisms and behavioral requirements for an organization to successfully execute Integrated Tactical Planning Offers methods for improving reaction time and cost-effectively responding to changes in Demand and Supply Reviews different design and deployment strategies, structures and roles, and the key ITP elements such as process definition and sustainability Features a comprehensive case study that details the challenges and results experienced by an Oliver Wight client company that implemented Integrated Tactical Planning Integrated Tactical Planning: Respond to Change, Increase Competitiveness and Reduce Costs is a must-have book for senior executives, leaders, managers, and planners at organizations of any size across all industries.

The Oliver Wight Class A Checklist for Business Excellence

Author : Oliver Wight International, Inc.
Publisher : John Wiley & Sons
ISBN 13 : 1118040597
Total Pages : 267 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis The Oliver Wight Class A Checklist for Business Excellence by : Oliver Wight International, Inc.

Download or read book The Oliver Wight Class A Checklist for Business Excellence written by Oliver Wight International, Inc. and published by John Wiley & Sons. This book was released on 2010-12-17 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oliver Wight Class A Checklist for Business Excellence The leading business improvement specialists who educate, coach and mentor people to lead and sustain change on the journey to business excellence and outstanding business performance * Managing the Strategic Planning Process * Managing and Leading People * Driving Business Improvement * Integrated Business Management * Managing Products and Services * Managing Demand * Managing the Supply Chain * Managing Internal Supply * Managing External Sourcing

Sales and Operations Planning with SAP IBP

Author : Jeroen Kusters
Publisher : SAP Press
ISBN 13 : 9781493216741
Total Pages : 499 pages
Book Rating : 4.2/5 (167 download)

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Book Synopsis Sales and Operations Planning with SAP IBP by : Jeroen Kusters

Download or read book Sales and Operations Planning with SAP IBP written by Jeroen Kusters and published by SAP Press. This book was released on 2018-05-28 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Ready to get S&OP working for you? See how to configure SAP Integrated Business Planning to fit your organization, from master data types to planning levels. Then execute demand planning, perform unconstrained or constrained supply planning, and consolidate the results into views with step-by-step instructions. Get more out of your new SAP IBP implementation with what-if scenarios, KPIs, dashboards, and built-in integrations"--

Inventory Record Accuracy

Author : Roger B. Brooks
Publisher : John Wiley & Sons
ISBN 13 : 9780470169537
Total Pages : 208 pages
Book Rating : 4.1/5 (695 download)

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Book Synopsis Inventory Record Accuracy by : Roger B. Brooks

Download or read book Inventory Record Accuracy written by Roger B. Brooks and published by John Wiley & Sons. This book was released on 2008-03-31 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for INVENTORY RECORD ACCURACY "This updated version of Inventory Record Accuracy preserves its humorous and easy-to-read style. Supply chain practitioners, in traditional or lean manufacturing, will find it a helpful guide. Cleverly outlined, the rigorous yet simple process for both on-hand and on-order inventory provides accuracy levels required for real-time data systems." -Maria Teodorovic, Quality Systems Manager Weyerhaeuser Corporation "Inventory Record Accuracy is truly a practitioner's guide. The book's collection of anecdotes provides real-life insight into the potential challenges of achieving IRA, and the combination of an easy-to-read text and simple drawings makes this book an easy road map to follow on the proven path to higher inventory record accuracy." -John Dietz, Director, Manufacturing Resource Planning Lockheed Martin Space Systems "Brooks and Wilson are the experts on inventory record accuracy. Inventory Record Accuracy goes right to the core of the issues without a lot of soft-soaping. Every materials manager, stockroom manager, and cycle counting supervisor should have a copy within arm's reach." -Adrian R. Barrett, 6 Sigma Master Black Belt Caterpillar, Inc. "Excellent coverage of a fundamentally important topic. By far, the best book on the subject I've ever read. The three-phase approach to inventory record accuracy should be required reading for all manufacturing managers." -Edward W. Davis, Professor of Business AdministrationThe Darden School, University of Virginia

Demand Forecasting for Inventory Control

Author : Nick T. Thomopoulos
Publisher : Springer
ISBN 13 : 3319119761
Total Pages : 188 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Demand Forecasting for Inventory Control by : Nick T. Thomopoulos

Download or read book Demand Forecasting for Inventory Control written by Nick T. Thomopoulos and published by Springer. This book was released on 2014-12-04 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the methods used to forecast the demands at inventory holding locations. The methods are proven, practical and doable for most applications, and pertain to demand patterns that are horizontal, trending, seasonal, promotion and multi-sku. The forecasting methods include regression, moving averages, discounting, smoothing, two-stage forecasts, dampening forecasts, advance demand forecasts, initial forecasts, all time forecasts, top-down, bottom-up, raw and integer forecasts, Also described are demand history, demand profile, forecast error, coefficient of variation, forecast sensitivity and filtering outliers. The book shows how the forecasts with the standard normal, partial normal and truncated normal distributions are used to generate the safety stock for the availability and the percent fill customer service methods. The material presents topics that people want and should know in the work place. The presentation is easy to read for students and practitioners; there is little need to delve into difficult mathematical relationships, and numerical examples are presented throughout to guide the reader on applications. Practitioners will be able to apply the methods learned to the systems in their locations, and the typical worker will want the book on their bookshelf for reference. The potential market is vast. It includes everyone in professional organizations like APICS, DSI and INFORMS; MBA graduates, people in industry, and students in management science, business and industrial engineering.

Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics

Author : Taghipour, Atour
Publisher : IGI Global
ISBN 13 : 1799838064
Total Pages : 313 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics by : Taghipour, Atour

Download or read book Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics written by Taghipour, Atour and published by IGI Global. This book was released on 2020-09-18 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a decentralized supply chain, most of the supply chain agents may not share information due to confidentiality policies, quality of information, or different system incompatibilities. Every actor holds its own set of information and attempts to maximize its objective (minimizing costs/minimizing inventory holdings) based on the available settings. Therefore, the agents control their own activities with the objective of improving their own competitiveness, which leads them to make decisions that maximize their local performance by ignoring the other agents or even the final consumer. These decisions are myopic because they do not consider the performance of all the partners to satisfy the consumer. Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics is a collection of innovative research that focuses on demand anticipation, forecasting, and order planning as well as humanitarian logistics to propose original solutions for existing problems. While highlighting topics including artificial intelligence, information sharing, and operations management, this book is ideally designed for supply chain managers, logistics personnel, business executives, management experts, operation industry professionals, academicians, researchers, and students who want to improve their understanding of supply chain coordination in order to be competitive in the new era of globalization.

Demand and Supply Integration

Author : Mark A. Moon
Publisher : FT Press
ISBN 13 : 0133088030
Total Pages : 305 pages
Book Rating : 4.1/5 (33 download)

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Book Synopsis Demand and Supply Integration by : Mark A. Moon

Download or read book Demand and Supply Integration written by Mark A. Moon and published by FT Press. This book was released on 2013-01-14 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain professionals: master pioneering techniques for integrating demand and supply, and create demand forecasts that are far more accurate and useful! In Demand and Supply Integration, Dr. Mark Moon presents the specific design characteristics of a world-class demand forecasting management process, showing how to effectively integrate demand forecasting within a comprehensive Demand and Supply Integration (DSI) process. Writing for supply chain professionals in any business, government agency, or military procurement organization, Moon explains what DSI is, how it differs from approaches such as SandOP, and how to recognize the symptoms of failures to sufficiently integrate demand and supply. He outlines the key characteristics of successful DSI implementations, shows how to approach Demand Forecasting as a management process, and guides you through understanding, selecting, and applying the best available qualitative and quantitative forecasting techniques. You'll learn how to thoroughly reflect market intelligence in your forecasts; measure your forecasting performance; implement state-of-the-art demand forecasting systems; manage Demand Reviews, and much more. For wide audiences of supply chain, logistics, and operations management professionals at all levels, from analyst and manager to Director, Vice President, and Chief Supply Chain Officer; and for researchers and graduate students in the field.

Forecasting: principles and practice

Author : Rob J Hyndman
Publisher : OTexts
ISBN 13 : 0987507117
Total Pages : 380 pages
Book Rating : 4.9/5 (875 download)

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Book Synopsis Forecasting: principles and practice by : Rob J Hyndman

Download or read book Forecasting: principles and practice written by Rob J Hyndman and published by OTexts. This book was released on 2018-05-08 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning. This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly.

Consumption-Based Forecasting and Planning

Author : Charles W. Chase
Publisher : John Wiley & Sons
ISBN 13 : 111980986X
Total Pages : 275 pages
Book Rating : 4.1/5 (198 download)

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Book Synopsis Consumption-Based Forecasting and Planning by : Charles W. Chase

Download or read book Consumption-Based Forecasting and Planning written by Charles W. Chase and published by John Wiley & Sons. This book was released on 2021-08-03 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover a new, demand-centric framework for forecasting and demand planning In Consumption-Based Forecasting and Planning, thought leader and forecasting expert Charles W. Chase delivers a practical and novel approach to retail and consumer goods companies demand planning process. The author demonstrates why a demand-centric approach relying on point-of-sale and syndicated scanner data is necessary for success in the new digital economy. The book showcases short- and mid-term demand sensing and focuses on disruptions to the marketplace caused by the digital economy and COVID-19. You’ll also learn: How to improve demand forecasting and planning accuracy, reduce inventory costs, and minimize waste and stock-outs What is driving shifting consumer demand patterns, including factors like price, promotions, in-store merchandising, and unplanned and unexpected events How to apply analytics and machine learning to your forecasting challenges using proven approaches and tactics described throughout the book via several case studies. Perfect for executives, directors, and managers at retailers, consumer products companies, and other manufacturers, Consumption-Based Forecasting and Planning will also earn a place in the libraries of sales, marketing, supply chain, and finance professionals seeking to sharpen their understanding of how to predict future consumer demand.