Executive Summary Forecasting at the customer is a commonly requested item by companies. However, there are problematic issues with doing this. Forecasting at the customer is something that leverages a customer forecast hierarchy. Introduction As stated, an attribute can be any categorization that one wants to associate with a product. An attribute can also be…
Executive Summary Forecasting changed enormously after computerization. We cover some of the significant differences in the eras. Introduction Forecasting can be divided very neatly into pre and post-computerization. The earliest computerized forecasting systems were simplified examples of what we have today. Demand planning systems can be seen to have the following components: The associative data…
Executive Summary Nearly all SAP consultants provide false information on the issues related to SAP in a process called sugarcoating. In this article, we debate a person who sugar-coated the issues with SAP DP. Background on Differing Views on SAP DP Recovery A consultant who had some critiques of the articles in this blog recently…
Executive Summary Companies, promoted by consultants, continually propose that they would like to move to make to order. What goes unmentioned is that only a tiny percentage of companies can go to make to order. Why assemble to order is confused with make to order. Introduction At Brightwork Research & Analysis, we receive questions on…
References The complete list for the book “Supply Chain Forecasting Software.” ____________________________ Anbarci, Nejat, and Jungmin Lee, “Economic Bias of Weather Forecasting: A Spatial Modeling Approach,” Deakin University, 2008 Answering the Sales Forecasting Challenge for Manufacturers, Right90 Armstrong, J. Scott, “Forecasting by Extrapolation: Conclusions of 25 Years of Research,” University of Pennsylvania, Published in Interfaces,…
Profiles The following vendors are showcased in the Brightwork Research & Analysis book on forecasting. Demand Works Demand Works is a best-of-breed demand and supply-planning vendor that emphasizes flexible and easy-to-configure solutions. This book only focuses on the supply planning functionality within their Smoothie product, which includes MRP and DRP. https://www.demandworks.com JDA JDA was started…
Executive Summary Historical adjustment is necessary to produce a forecast that matches with the desired adjustments. We cover historical adjustment in SAP DP and Demand Works Smoothie. Introduction Forecasting is not performed upon exactly what happened in the past. This is because companies are constantly in flux with regards to their products, and therefore some…
Executive Summary Demand forecasting is broken into several different types of forecasting, ranging from statistical forecasting to sales forecasting. There are also many methods of performing demand forecasting that is covered in this article. Introduction The descriptions of demand planning or forecasting seem to try to get into a lot of detail about the topic…
Supply Chain Forecasting Software Screenshots and examples from ToolsGroup, Demand Works, Consensus Point, Right90, and Inkling Markets. What the Book is About This book explains the essential aspects of supply chain forecasting. The book is designed to allow the reader to get more out of their current forecasting system, as well as explain some of…
Executive Summary Areas that roll into forecast accuracy should be separately measured. Forecast errors can be used to provide a direction for improvement. Video Introduction: Forecast Improvement Estimation Text Introduction (Skip if You Watched the Video) There is a lot of poor quality advice on how to improve forecast accuracy. For example, software vendors tend…