IBF On Demand

We explore the critical factors that influence inventory levels and shed light on why JIT and lean alone may not be sufficient to address the complexities of modern-day inventory challenges- With Jeff Baker, award-winning supply chain specialist.Support the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

This podcast discusses the impact of AI on industries, emphasizing the automation of tasks and improved probabilities. It also explores the dangers of blindly following tradition in supply chain management and the limitations of AI in generating new ideas. The future of jobs and the importance of storytelling with AI-driven information are also discussed.

IBF's Director of Thought Leadership Eric Wilson looks at all of the factors that you need to consider to balance and optimize your inventory levels, especially after Covid and other outlying events that could affect your forecasting.Support the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Lessons For Recent Graduates: Berkeley MBA Students Capstone ProjectHosted by Eric Wilson, CPF is the Director of Thought Leadership at The Institute of Business Forecasting (IBF), a post he assumed after leading the planning functions at Escalade Sports, Tempur Sealy and Berry Plastics. In 2016, he received the IBF Excellence in Business Forecasting & Planning award. Eric is the author of 'Predictive Analytics for Business Forecasting'. He is an IBF Advanced Certified Professional Forecaster (ACPF).ABOUT IBFThe Institute of Business Forecasting & Planning (IBF)-est. 1982, is a membership organization recognized worldwide for fostering the growth of Demand Planning, Forecasting, and Sales & Operations Planning (S&OP), and the careers of those in the field.© 2020 INSTITUTE OF BUSINESS FORECASTING & PLANNING. ALL RIGHTS RESERVED.Support the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Sara Park, VP E2E Integrated Planning at Coca-Cola, discusses falling in love with demand planning, the importance of mentoring and building teams, advice for younger self, embracing evolution in profession, and addressing workforce challenges.

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-forecasting02:00 CPFR for 'outside in' planning04:40 Original CPFR steps: Info sharing, joint forecasting, coordinate shipments 06:41 Bringing the outside in for better planning 10:44 CPFR includes external factors and leading indicators 13:40 Guiding principles of CPFR16:10 Benefits of CPFR17:35 Where CPFR goes wrong for a lot of companies19:50 Overcoming cultural fear of sharing information23:00 Keys to success: getting the right strategic partner, starting slowhttps://ibf.org/knowledge/jbf-articles/a-history-of-cpfr-941Support the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

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-forecasting02:47 S&OP in the service industry - why is nobody talking about it?04:45 SLB is a giant energy company and service provider 08:00 The challenges of S&OP in a services company10:45 Asset utilization, back up ratios - same principles, different metrics 14:15 Balancing constraints in a services business15:55 Performance metrics in S&OP for services 17:50 S&OP for drilling oil and gas22:30 Where to get educated on S&OP for services businesses26:00 S&OP isn't just for manufacturing now 27:25 Tips for getting started in S&OP for servicesSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Confusion surrounding roles and responsibilities in the supply chain, defining supply planning and demand planning, breaking down siloes between demand and supply, advice to hiring managers when recruiting for different roles, training and engaging employees after onboarding, understanding the differences between supply planning and demand planning

IBF On Demand sponsored by Arkieva, your one-plan S&OP software.04:20  Jonathon Karelse, author of Histories of the Future 07:48 The epistemology of forecasting - why do we forecast the way we do?10:00 Questioning forecasting orthodoxy - did Holt & Winters know what they were doing? 12:35 Behavioural economics and bias in forecasting13:50 Judgemental methods in forecasting 17:25 Why the M Forecasting Competitions were created22:30 Was COVID a reset for forecasting?26:00 The future of the forecasting fieldSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

01:25 Get IBF Membership 02:30 Getting investment for resources04:10 Building the business case for investment06:00 Learn the needs and language of decision makers07:36 Presenting the benefits: ROI, savings, efficiencies09:18 Educate leadership about what you do11:00 Explaining what improved forecast accuracy really means for cash and ROI12:40 Find a champion with influence16:04 Be a salesperson 21:40 Be patientSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org