Illusively Complex – Effective Approach to Mixing Judgment and Statistics in Forecasting

In 1994, the IBM Micro-electronics Division, itself a fortune 100 size firm, put in place a major effort to create best in class supply chain planning process and software including demand planning(DM), central planning, available to promise, et al. I was fortunate to be an original member and had the opportunity to work extensively on

By |2024-02-21T14:20:42-05:00October 13th, 2015|Demand Planning|

Is Your Forecast Biased Much?

Recently, someone forwarded a Live Science web link to me. The web page had information on how human brains are able to read words and make sense of them even when the letters are jumbled up. The website suggested that it was possible for a human brain to make sense of the words as long

By |2024-02-21T14:22:22-05:00April 1st, 2015|Demand Planning, Forecasting|

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