โ Scribed by Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio
No coin nor oath required. For personal study only.
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.Front Matter ....Pages i-xvi
Introduction (Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio)....Pages 1-33
Building Demand Planning Organization and Competencies (Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio)....Pages 35-67
Efficient and Effective Usage of Out-of-the-Box Statistical Forecasting (Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio)....Pages 69-182
Custom Method to Forecast Seasonal Products (Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio)....Pages 183-281
Custom Method to Forecast Intermittent Products (Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio)....Pages 283-313
Value of Forecasting with Custom Methods (Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio)....Pages 315-361
Improving Short-Term Forecast with Demand Sensing (Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio)....Pages 363-385
How to Measure and Improve Forecasting (Ganesh Sankaran, Federico Sasso, Robert Kepczynski, Alessandro Chiaraviglio)....Pages 387-421
Business and Management; Business Process Management; Information Systems Applications (incl.Internet); Sales/Distribution; Supply Chain Management; Business Information Systems
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