The Smart Forecaster

Pursuing best practices in demand planning,

forecasting and inventory optimization

Ten Tips that Avoid Data Problems in Software Implementation

Ten Tips that Avoid Data Problems in Software Implementation

Once a customer is ready to implement software for demand planning and/or inventory optimization, they need to connect the analytics software to their corporate data stream.This provides information on item demand and supplier lead times, among other things. We extract the rest of the data from the ERP system itself, which provides metadata such as each item’s location, unit cost, and product group.

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Reveal Your Real Inventory Planning and Forecasting Policy by Answering These 10 Questions

Reveal Your Real Inventory Planning and Forecasting Policy by Answering These 10 Questions

In this blog, we review 10 specific questions you can ask to uncover what’s really happening with the inventory planning and demand forecasting policy at your company. We detail the typical answers provided when a forecasting/inventory planning policy doesn’t really exist, explain how to interpret these answers, and offer some clear advice on what to do about it.

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