Demand Forecasting Best Practices

Lead your demand planning process to excellence and deliver real value to your supply chain.

In Demand Forecasting Best Practices you’ll learn how to:
 

• Lead your team to improve quality while reducing workload
• Properly define the objectives and granularity of your demand planning
• Use intelligent KPIs to track accuracy and bias
• Identify areas for process improvement
• Help planners and stakeholders add value
• Determine relevant data to collect and how best to collect it
• Utilize different statistical and machine learning models

An expert demand forecaster can help an organization avoid overproduction, reduce waste, and optimize inventory levels for a real competitive advantage. Demand Forecasting Best Practices teaches you how to become that virtuoso demand forecaster.

This one-of-a-kind guide reveals forecasting tools, metrics, models, and stakeholder management techniques for delivering more effective supply chains. Everything you learn has been proven and tested in a live business environment. Discover author Nicolas Vandeput’s original five step framework for demand planning excellence and learn how to tailor it to your own company’s needs. Illustrations and real-world examples make each concept easy to understand and easy to follow. You’ll soon be delivering accurate predictions that are driving major business value.

Purchase of the print book includes a free eBook in PDF, Kindle, and ePub formats from Manning Publications.

About the Technology
An expert demand forecaster can help an organization avoid overproduction, reduce waste, and optimize inventory levels for a real competitive advantage. This book teaches you how to become that virtuoso demand forecaster.

About the Book
Demand Forecasting Best Practices reveals forecasting tools, metrics, models, and stakeholder management techniques for managing your demand planning process efficiently and effectively. Everything you learn has been proven and tested in a live business environment. Discover author Nicolas Vandeput’s original five step framework for demand planning excellence and learn how to tailor it to your own company’s needs. Illustrations and real-world examples make each concept easy to understand and easy to follow. You’ll soon be delivering accurate predictions that are driving major business value.

What's Inside
 

• Enhance forecasting quality while reducing team workload
• Utilize intelligent KPIs to track accuracy and bias
• Identify process areas for improvement
• Assist stakeholders in sales, marketing, and finance
• Optimize statistical and machine learning models

掌握需求預測技巧，以決定需要採購的資源、生產哪些產品，以及在何處以及如何分配它們。

《需求預測最佳實踐》是一本針對各種產品進行有效需求計劃的技巧手冊。您將學習如何優化您的數據、指標、流程、模型，甚至是人員，以做出更好的決策並為您的供應鏈提供價值。

從作者Nicolas Vandeput在供應鏈諮詢方面的全球職業生涯中，發現專業技巧，並避免您可能不知道的常見錯誤。插圖、清晰的解釋和相關的現實世界示例使每個概念易於理解和遵循。

Part 1 - Forecasting demand
1 Demand forecasting excellence
2 Introduction to demand forecasting
3 Capturing unconstrained demand (and not sales)
4 Collaboration: data sharing and planning alignment
5 Forecasting hierarchies
6 How long should the forecasting horizon be?
7 Should we reconcile forecasts to align supply chains?
Part 2 - Measuring forecasting quality
8 Forecasting metrics
9 Choosing the best forecasting KPI
10 What is a good forecast error?
11 Measuring forecasting accuracy on a product portfolio
Part 3 - Data-driven forecasting process
12 Forecast value added
13 What do you review? ABC XYZ segmentations and other methods
Part 4 - Forecasting methods
14 Statistical forecasting
15 Machine learning
16 Judgmental forecasting
17 Now it’s your turn!