Author: J. Eric WilsonPublisher:
ISBN: 9780983941385
Category :
Languages : en
Pages : 368
Book Description
Predictive Analytics for Business Forecasting & Planning
Author: J. Eric WilsonPublisher:
ISBN: 9780983941385
Category :
Languages : en
Pages : 368
Book Description
Improving Forecasts with Integrated Business Planning
Author: Ganesh SankaranPublisher: Springer
ISBN: 3030053814
Category : Business & Economics
Languages : en
Pages : 421
Book Description
This book provides both a broad overview of the forecasting process, covering technological and human aspects alike, and deep insights into algorithms and platform functionalities in the IBP toolbox required to maximize forecast accuracy. Rich in technical and business explanations, it addresses short-, medium- and long-term forecasting processes using functionalities available in demand planning and demand sensing. There are also several theoretical concepts underpinning the algorithms discussed; these are explained with numerical examples to help demystify the IBP forecasting toolbox. Beyond standard procedures, the book also discusses custom approaches (e.g. new segmentation criteria, new outlier detection and correction methods) and new methods (e.g. the use of Markov chains for forecasting sporadic demands), etc. It subsequently benchmarks common practices using these innovative approaches and discusses the results. As measurement is an important precondition for improvement, an entire chapter is devoted to discussing process improvement and value using the Six Sigma methodology. In closing, the book provides several useful tips and tricks that should come in handy during project implementation.
Forecasting: principles and practice
Author: Rob J HyndmanPublisher: OTexts
ISBN: 0987507117
Category : Business & Economics
Languages : en
Pages : 380
Book Description
Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning. This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly.
Consumption-Based Forecasting and Planning
Author: Charles W. ChasePublisher: John Wiley & Sons
ISBN: 111980986X
Category : Business & Economics
Languages : en
Pages : 275
Book Description
Discover a new, demand-centric framework for forecasting and demand planning In Consumption-Based Forecasting and Planning, thought leader and forecasting expert Charles W. Chase delivers a practical and novel approach to retail and consumer goods companies demand planning process. The author demonstrates why a demand-centric approach relying on point-of-sale and syndicated scanner data is necessary for success in the new digital economy. The book showcases short- and mid-term demand sensing and focuses on disruptions to the marketplace caused by the digital economy and COVID-19. You’ll also learn: How to improve demand forecasting and planning accuracy, reduce inventory costs, and minimize waste and stock-outs What is driving shifting consumer demand patterns, including factors like price, promotions, in-store merchandising, and unplanned and unexpected events How to apply analytics and machine learning to your forecasting challenges using proven approaches and tactics described throughout the book via several case studies. Perfect for executives, directors, and managers at retailers, consumer products companies, and other manufacturers, Consumption-Based Forecasting and Planning will also earn a place in the libraries of sales, marketing, supply chain, and finance professionals seeking to sharpen their understanding of how to predict future consumer demand.
Planning Data
Author: South East Lancashire and North East Cheshire Transportation StudyPublisher:
ISBN:
Category :
Languages : en
Pages : 119
Book Description
The Nine Principles of Agile Planning
Author: David PabstPublisher: David Pabst, CPA/CITP PMP
ISBN: 1737018306
Category : Business & Economics
Languages : en
Pages : 103
Book Description
The Nine Principles of Agile Planning teaches CFOs, CAOs, CIOs, and Finance leaders the secret to building nimble and dynamic forecasts within their organizations. The Nine Principles blend real-world processes, people, and cloud tech to get your business forecasting the right way. By adopting the Nine Principles, you can create world-class forecasting that reacts to real-time changes in your business and reduces risk. You will be a forecasting hero! Too many CFOs and Finance teams fail their organizations with slow and cumbersome forecasting and budgeting cycles that have limited adoption beyond Finance. Management consultants, software vendors, and your stakeholders have ideas to fix—but you need something game-changing. The Nine Principles of Agile Planning are the game-changer you need! Investing in a new forecasting process will take money, people, and time, with a significant opportunity cost of not working on other things. This investment is no different from developing a new product, building a factory, or hiring staff. Any business investment like this must earn an ROI. The Nine Principles of Agile Planning is a framework to give you the greatest chance of success of achieving this ROI by building a forecasting process to provide real operational value that helps run the organization on a day-to-day basis. Learn the latest strategies from getting forecasting closer to your front line business teams, linking variable items to operational activity levels, planning by initiative, evaluating strategic big-bets, using modular planning, choosing a modern cloud planning tool, finding an expert, getting away from financial statement-centered forecasting, and using real-time IoT data to build operational early-warning systems. Make forecasting easy for your users by adopting the latest automation technologies and learn how you can automatically alert your planners when there is a trend that requires their attention. If you are evaluating cloud planning technologies from Adaptive Insights, Anaplan, OneStream, Oracle EPM (Hyperion), Planful, or SAP, the Nine Principles is the must-read guide to select the right tools, processes, and consultants to create agile and nimble planning in your organization. Use this chance to develop an Agile Planning philosophy that encourages rapid development of plans that can be quickly iterated, are easy to understand, and actionable. Take advantage of the golden age of cloud-based planning tools to facilitate these Agile Planning objectives. Create world-class budgeting and forecasting by adopting the Nine Principles! The Nine Principles of Agile Planning provides strategies to address issues like: - Lack of budgeting and forecasting adoption in your organization. - Forecasts that are slow to update and frequently wrong. - Decision-makers are ignoring Finance’s forecasts. - Forecasting is focused on Finance and not front-line business leaders. - Out-dated planning technology that is inflexible and hard to use for non-Finance users. - Treating all elements of your business equally during forecasting. - Planning using too much detail. - Using inefficient planning methodologies approaches. - Not using real-world initiatives to drive organizational change. - Failing to use real-world operational activity levels to inform financial forecasts. - Making the planning process too time-consuming and challenging. - Not integrating new real-time IoT data sources to build forecasting early-warning systems. - Failing to tailor planning to each operational function.
Future Ready
Author: Steve MorlidgePublisher: John Wiley & Sons
ISBN: 0470662212
Category : Business & Economics
Languages : en
Pages : 328
Book Description
The recent crisis in the financial markets has exposed serious flaws in management methods. The failure to anticipate and deal with the consequences of the unfolding collapse has starkly illustrated what many leaders and managers in business have known for years; in most organizations, the process of forecasting is badly broken. For that reason, forecasting business performance tops the list of concerns for CFO's across the globe. It is time to rethink the way businesses organize and run forecasting processes and how they use the insights that they provide to navigate through these turbulent times. This book synthesizes and structures findings from a range of disciplines and over 60 years of the authors combined practical experience. This is presented in the form of a set of simple strategies that any organization can use to master the process of forecasting. The key message of this book is that while no mortal can predict the future, you can take the steps to be ready for it. ’Good enough’ forecasts, wise preparation and the capability to take timely action, will help your organization to create its own future. Written in an engaging and thought provoking style, Future Ready leads the reader to answers to questions such as: What makes a good forecast? What period should a forecast cover? How frequently should it be updated? What information should it contain? What is the best way to produce a forecast? How can you avoid gaming and other forms of data manipulation? How should a forecast be used? How do you ensure that your forecast is reliable? How accurate does it need to be? How should you deal with risk and uncertainty What is the best way to organize a forecast process? Do you need multiple forecasts? What changes should be made to other performance management processes to facilitate good forecasting? Future Ready is an invaluable guide for practicing managers and a source of insight and inspiration to leaders looking for better ways of doing things and to students of the science and craft of management. Praise for Future Ready "Will make a difference to the way you think about forecasting going forward" —Howard Green, Group Controller Unilever PLC "Great analogies and stories are combined with rock solid theory in a language that even the most reading-averse manager will love from page one" —Bjarte Bogsnes, Vice President Performance Management Development at StatoilHydro "A timely addition to the growing research on management planning and performance measurement." —Dr. Charles T. Horngren, Edmund G. Littlefield Professor of Accounting Emeritus Stanford University and author of many standard texts including Cost Accounting: A Managerial Emphasis, Introduction to Management Accounting, and Financial Accounting "In the area of Forecasting, it is the best book in the market." —Fritz Roemer. Leader of Enterprise Performance Executive Advisory Program, the Hackett Group
Fundamentals of Demand Planning and Forecasting
Author: Chaman L. JainPublisher:
ISBN: 9780983941309
Category :
Languages : en
Pages : 402
Book Description
The Art of Capacity Planning
Author: John AllspawPublisher: "O'Reilly Media, Inc."
ISBN: 0596551835
Category : Computers
Languages : en
Pages : 156
Book Description
Success on the web is measured by usage and growth. Web-based companies live or die by the ability to scale their infrastructure to accommodate increasing demand. This book is a hands-on and practical guide to planning for such growth, with many techniques and considerations to help you plan, deploy, and manage web application infrastructure. The Art of Capacity Planning is written by the manager of data operations for the world-famous photo-sharing site Flickr.com, now owned by Yahoo! John Allspaw combines personal anecdotes from many phases of Flickr's growth with insights from his colleagues in many other industries to give you solid guidelines for measuring your growth, predicting trends, and making cost-effective preparations. Topics include: Evaluating tools for measurement and deployment Capacity analysis and prediction for storage, database, and application servers Designing architectures to easily add and measure capacity Handling sudden spikes Predicting exponential and explosive growth How cloud services such as EC2 can fit into a capacity strategy In this book, Allspaw draws on years of valuable experience, starting from the days when Flickr was relatively small and had to deal with the typical growth pains and cost/performance trade-offs of a typical company with a Web presence. The advice he offers in The Art of Capacity Planning will not only help you prepare for explosive growth, it will save you tons of grief.
Author: