
How much data is required for forecasting?
Data Requirements for Forecasting We are often asked about the minimum data for forecasting that is required. This is indeed an important question as the forecast

Data Requirements for Forecasting We are often asked about the minimum data for forecasting that is required. This is indeed an important question as the forecast

 There are some events that temporarily affect demand as it happened during demonetization in India and then there are events that affect supply like

Demand planners who are setting up a new S&OP process or are trying to involve the sales team into the planning process often face a lack of expected enthusiasm from the sales team.

Most companies have no idea how much their planners are increasing or degrading the forecast using the system. Learn more

One of the key skills of a demand planner is knowledge of predictive statistics or estimation. As we know, there are four properties of a good estimator as mentioned below. In this article we shall explore these properties as applicable to demand planners as well. Learn more

When a demand planner thinks about Forecasting, the first thing that comes to mind is data. It is a common question by the planners about ‘how much data is required for forecasting’. Read more

Coming from a cricket-loving nation, we thought of attempting the analogy of the concept to this gentleman’s game that needs great deal of collaboration between players of different competencies. Read more

 Invest in Business Planning Training To perform at peak capacity one needs to stay sharp. In corporate culture to stay ahead you need to

The function of planning and forecasting goes back a long way and has mentions as an ancient practice in religious and historical texts. Like all

There is an old expression that is ubiquitous in human activities that involve the use of input data to create actionable information. That expression is: