October 30th, 2008

Question: Serial Correlation (MLR/Fourier) and Inventory Problems

Someone asked me a question about the impact of serial correlation (a forecast performance/error measurement) on Inventory problems.
In short, if someone consistently forecasts above, will they always have too much stock? Conversely if one consistently forecast too low, will they always have out of stocks?
On its face this seems right. However there always are buffers […]

Filed under: Financial Performance, Forecasting, JDA Demand, JDA Fulfillment, JDA Reporting, Planning Mindset, Supply Chain, improving employee performance | No Comments »

March 6th, 2008

CEOs Need Forecasters More Than Their CFOs

The way I see it, planning from a rear-view mirror is not the same as gaining insight from the business and market as to where their business is going.  CFOs do provide forward looking guidance, but for the most part they’re dealing in reports around what’s happened. Yes that’s what I said and I mean […]

Filed under: Forecasting, JDA Demand, Supply Chain | No Comments »