IBF On Demand

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

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-forecastingIntroducing Eric's younger, better, and smarter replacement. 01:20 What is business forecasting?01:40 What is demand planning?03:49 What are business forecasting and business forecasting important?04:58 Is there a difference between demand planning and demand forecasting?06:55 What are the key elements of demand planning?10:35 What data is used in forecasting?18:27 What does unbiased and unconstrained mean?22:35 What does the future look like for demand forecasting and planning?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

01:43 Appling COVID forecasting models for business problems03:23 We're not forecasting numbers but how consumers react to different stimuli05:21 John Cordier, CEO of Epistemix, pushing the boundaries of predictive analytics08:10 Modelling variables like behavior and policy that spread diseases12:20 Most companies use only internal data which stops us from spotting changes14:06 Testing assumptions to identify the tipping point of behavioral change before they happen14:15 Understanding the 'why' of behavioral change16:30 What synthetic data is 18:23 Modelling adoptions curves for diseases and consumer products is the same19:24 Simulating the interactions between people, things and environment 21:23 Demand shaping to drive adoption of new products22:40 Modelling shifting populations 24:58 How behavioral simulation complements what demand planners are already doingSupport 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

01:30 The advancements in planning brought about by COVID 04:00 Tempur Sealy's Director of Demand Planning05:21 Tempur Sealy's 300% increase in sales during COVID07:10 How Tempur Sealy reacted to spikes in demand07:43 How COVID made Tempur Sealy switch to S&OE10:25 Did they keep S&OE after COVID/11:03 The value of segmentation 12:09 Why Tempur Sealy consolidated their 2 ERP systems14:18 Dual sourcing and pivoting to alternate suppliers16:45 Arkieva as a planning tool17:15 Leveraging CPFR to partner with suppliers21:36 Catalysts for change and taking risks24:24 Demand sensing, hyper automationSupport 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

02:18 Can S&OP be done remotely? 03:45 Kevin Reim, VP Fulfilment Operations, L'Oréal05:05 Why hybrid S&OP works - and is even more effective06:10 Does lack of close contact hinder trust and collaboration?07:57 Workplace politics has increased post-COVID10:30 People are less inclined to engage when behind a camera12:30 Does virtual working create a level playing field across regions?14:10 Virtual working drives focus 14:40 Adapting your S&OP to a remote/hybrid environment15:55 Virtual working makes S&OP meetings shorter17:17 So it works but what about new people coming in?17:49 Tip1: Create a structured process, cadence and follow ups22:26 Tip 2: Don't micromanage meetings23:47 Tip 3: Adopt new communication tools24:45 Tip 4: Get Your &OP Champion to Step UpSupport 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-forecasting02:11 The new normal of digital S&OP/IBP06:00 S&OP is still being relegated to a supply chain function 06:45 Supply chain folks are too tactical07:50 Day-to-day S&OP isn't working in the digital world08:53 Lack of close contact hinders trust and collaboration11:00 Getting people to engage on video calls15:10 Remote working is taking the decision making out of S&OP/IBP18:25 The positives to remote S&OP/IBP20:20 Is S&OP/IBP more efficient when done remotely?23:10 Tips for driving success in S&OP/IBPSupport 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-forecasting00:00 Introduction01:23 Orlando Forecasting, Planning & S&OP Conference 02:30 How Starbucks uses your data to make you spend more03:50 Data analytics still comes down to people and process06:10 The planning challenges Starbucks has to overcome09:50 Connecting demand planning to strategic planning to optimize the business12:02 Scenario planning multiple scenarios is the future 14:40 Will software tools be able to handle scenario planning automatically?16:00 Integrating predictive technologies and supply responses17:50 Demand planning requires analytical skills and creativity 20:50 Retaining talent in a competitive market 22:40 Demand planning is about people and their behavior is changingSupport 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