IBF On Demand

Get Eric's book, 'Predictive Analytics For Business Forecasting' here: https://bit.ly/predictive-analytics-book Come to IBF's Predictive Analytics For Business Forecasting Conference from April 26-28. Details & registration: https://bit.ly/3qfU2hF Support the show To sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute...

00:00 Introduction 01:57 M6 Forecasting Competition - forecasting Walmart sales 03:25 Forecasting wizard, Gee Thompson 05:20 Gee's approach to the Walmart forecasting competition 08:00 Why Gee goes against the machine learning trend 09:35 Proving there's a place for traditional statistical models and human intelligence 12:43 Manual multipliers for seasonality 14:30 Explaining the Innovat...

01:58 Recapping what S&OP/IBP is and don't worry about the acronym they're calling it 05:00 Get IBF to help you implement S&OP/IBP 07:44 What we're getting out of a good S&OP/IBP process 10:00 Percentage improvement to your bottom line you can expect  12:00 Where the bottom line improvements come from 13:08 The other, non-tangible benefits of S&OP/IBP 14:50 Annualize...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting 01:48 IBF events are back! Starting with S&OP/IBP Boot Camp 03:44 Showing the value of S&OP/IBP and ROI from implementation 08:30   4 major costs: acquisition, implementation, operating, improvement 09:40 Cost 1: Ac...

01:44 S&OP needs a strategy 02:45 Dr. Bram Desmet, author of 'Supply Chain Strategy and Financial Metrics' 05:30 The supply chain triangle: service, cost and cash 08:00 Strategic S&OP 11:27 Pick your strategy: Product Leadership, Customer Intimacy or Operational Excellence 17:07 Workout a strategy for S&OP you will lose 20:33 How does COVID impact S&OP strategy? 24:40 Bes...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting See IBF's list of 2022 of training events and conferences: https://bit.ly/IBFEVENTS 01:30 Beware inflation - how it will impact your business 05:44 Finance's role in IBP - financializing the plan 07:43 IBP is a me...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting 01:38 CEO's don't get demand planning 03:52 #1 Forecast error is not the goal 08:15 #2: Forecasts are not the same as targets 11:47 #3: Don't manipulate the forecast to justify decisions 16:09 #4: Stop making...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting Learn more about forecastability here: https://bit.ly/2YNAfvn 01:15 Why do we assume forecast accuracy should be the same for all items? 05:05 What is forecastability? 06:55 Are all items forecastable? 08:20 Items are becom...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting Interview with Jake Barr, CEO of BlueWorld Supply Chain Consulting. 04:49 What is going wrong with supply chains right now, and how long will it last? 09:30 How forecasting and planning can help mitigate the impact of suppl...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting Use IBF's S&OP Maturity Model: https://ibf.org/sop-maturity-model Join us for IBF Orlando Conference: https://ibf.org/events/orlando2021 02:00   IBP, S&OP, BEP - what's the difference? 03:55 Executive supp...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting Setting Up S&OP: https://www.youtube.com/watch?v=JmU8p... S&OP & S&OE with Jeff Baker: https://www.youtube.com/watch?v=M2Wga... Join us at IBF Orlando in October: https://ibf.org/events/orlando2021 00:59 Joi...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting 01:35 Half of people won't go back to the office after remote working 02:26 What does remote working mean for demand planners? 04:25 Remote working isn't quite taking over as some people think 06:20 Most demand pl...

01:40 Setting expectations for the first 6 months of S&OP 03:30 Perceptions vs vs reality when you start S&OP - losing flexibility 08:16 The S&OP combo strategy 10:47 Segmentation in S&OP 17:45 Service Level Agreements in S&OP 21:46 Tracking and reporting 23:44 Most important step when starting S&OP 25:54: Get executive buy in and find he quick wins IBF Conferences are back...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting This week I talk to Jonathan Karelse of North Find Management about how I am 100% perfect and other people are biased and wrong. 02:37 I'm not biased but you definitely are 06:00 Jonathan's research into identifyi...

01:25 www.demand-planning.com , the leading resource for Demand Planners 02:48 demand planning and inventory management 04:44 The reasons to hold inventory beyond your current lead times 06:21 When increasing inventory decreases costs 10:41  Balancing cost, cash and service 13:47 Calculating safety stock 25:15 Improving your inventory with IBF consulting Support the show To sign up for regular upd...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting Get your IBF membership: https://ibf.org/ibfmembership 01:28 Forecast analyst and demand planning roles are in high demand 02:40 Colleges are not preparing students for demand planning 05:50 What an IBF chapter is 08:38 How...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting ​ Check out IBF's events (face-to-face and virtual): https://ibf.org/forecasting-and-plann... ​ Become an IBF member: https://ibf.org/ibfmembership ​ Check out Jennifer's article in the Journal of Business Forecas...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting ​ Check out IBF's events (face-to-face and virtual): https://ibf.org/forecasting-and-plann... ​ Check out Arkieva at www.arkieva.com Check out IBF at www.ibf.org and www.demand-planning.com 00:00 ​ If you forecast a sa...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting ​. Become an IBF member: https://ibf.org/ibfmembership 01:18 Why data visualization is so important for demand planners 02:44 Introducing Kate Strachnyi of Datacated  05:17 How to choose the right visualization for your dat...

BF On Demand sponsored by Arkieva, your one-plan S&OP software. Click here for an excellent free webinar on securing S&OP investment: http://bit.ly/bram-business-case ​ Benchmark your company's S&OP maturity with IBF's free-to-use S&OP maturity model. Get recommendations to improve specific areas of your process and progress to the next stage in your S&OP evolution. T...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting ​ ​ I interview John Davis, VP of Finance at Tempur Sealy, to discuss how and why Demand Planning and Finance should use S&OP to work together. Virtual FP&A Conference June 16-18 do you want to speak at this leading...

IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: Eric interviews his most illustrious guest yet - himself. Eric dives into Eric's new Book, Predictive Analytics For Business Forecasting which is available for purchase at http://bit.ly/predictive-analytics-book 04:13 Interview Eric Wilson, author of Pr...

Interview with Dr. Larry Lapide, MIT Research Affiliate, former demand planner, and columnist in the Journal of Business Forecasting. 04.30 Forecasting downturns in your business  06.30 Communicating downturns to executives 08:50 Techniques to deliver bad news to business partners 11:00 Know your facts, figures and assumptions 15:00 Handling the human side when lower forecasts will result in layof...

01:25 IBF's S&OP Maturity Model 02:15 Transformation projects requires an initial assessment  03:15 The value of benchmarking before improving S&OP 06:55 The value of S&OP during Covid-19 09:24 IBF's maturity model is independent and unbiased and doesn't push you towards a software solution 14:25 How to use the Maturity Model  20:18 The outputs and recommendations Suppor...

Sponsored by Arkieva, your One-Plan S&OP software. Find out about Arkieva's approach to demand planning:  https://bit.ly/forecast-accuracy-webinar   Benchmark your company's S&OP maturity with IBF's free-to-use S&OP maturity model. Get recommendations to improve specific areas of your process and progress to the next stage in your S&OP evolution. Try it now for free:...