IBF On Demand

02:00 IBF S&OP Maturity Model03:48 What makes a Vanguard S&OP process05:40 Is there a difference between basic S&OP and best-in-class S&OP?08:30 Getting executives onboard 10:50 The bias towards decision making 12:45 From functional siloes to end-to-end value chain13:55 COVID encouraged companies to implement S&OP18:30 Myth's that hold companies back from S&OP success21:17 Continuous improvement 26:00 The next big thing in S&OPSupport 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

00:00 Introduction 01:54 Economic outlook - higher inventory and higher costs 05:00 S&OP/IBP is focusing on supply chain costs  08:20 Does Finance see the value of S&OP?09:55 No difference between S&OP and a financial rolling forecast10:10 If you don't understand resources consumption you can't get cash right11:58 Integrated S&OP vs S&OP14:50 Who owns the trade off between customer orders, perfect order fulfilment, and days in receivable?17:00 Can't do cash flow forecasting without a supply chain model20:35 Every Finance person will want a prescriptive analytics tool20:11 Advantages of looking at the balance sheet, not just the income sheetSupport 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

00:00 Introduction02:20 What companies did to survive the pandemic04:18 Dr. Barry Keating - Predictive Analytics expert05:40 Is Predictive Analytics really any different?07:43 The difference between time series and Predictive Analytics08:33 Time series forecasting isn't going away09:05 The rise of predictive analytics10:01 Moving from static data to data with different dimensions12:25 How do we identify what data is useful and what isn’t?14:55 Can we do advanced analytics without coding skills?20:10 How do you comfortable with advanced algorithms?26:00 Defining what Predictive Analytics isSupport 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-forecasting02:14 Chicago S&OP/IBP Conference, June 1704:10 S&OP is about decision making 04:50 Rachel Stafford CPF, S&OP expert06:25 Why is it so hard to make decisions in S&OP?08:30 S&OE for tactical decision-making 10:25 War and inflation: the demand variables that S&OP must address12:12 Is S&OP not agile enough?14:54 How to keep focus on decision making in S&OP17:44 Companies shortened S&OP cadence for COVID - time to reset?19:43 Preparing for effective S&OP meetings 21:16 Gaining consensus virtually vs face-to-face25:38 Improving S&OP with training, maturity models 29:33 Collaboration, consensus and transparency 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

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 Intro01:21 IBF Conferences https://ibf.org/forecasting-and-plann...02:48 A peak inside my forecasting tool box05:00 The types of forecasting methods available to you 08:33 How to decide which method to use - accuracy vs interpretability 12:41 The most common methods used in business forecasting13:36 Judgmental methods: sales force, jury method, expert opinion, Delphi method17:09 Time series forecasting: naïve, average, decomposition, exponential smoothing23:55 Causal and relationship methods: simple linear, multiples, logistic, ratios26:30 Machine learning: Bayesian, logistic, trees, neural networks"28:30 Clustering: constraint, hierarchical, distribution, centroid 30:45 How to pick the best modelSupport 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 Intro04:19 How to you keep teams engaged during S&OP transformation projects06:07 How to get different functions talking the same language 07:45 The "yes and" principle 08:50 Using data and KPIs to reaching consensus across the organization 10:39 The value of cross-functional change management team11:50 Using external training to unite people towards the goal 14:55 The biggest benefit of external training for S&OP organizations16:35 Cutting out unnecessary meetings 18:35 What IBF training does for S&OP organizations22:22 First step if you're considering S&OP trainingSupport 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-forecasting 00:00 Intro01:15 Online Training Course in Demand Planning, Forecasting & Planning02:44 Write for the Journal of Business Forecasting or www.demand-planning.com05:00 Women in demand planning 09:45 Demand planning at Tesla14:43 How to attract more women to demand planning 17:12 The impact of diversity on business performance 29:30 Come speak at an IBF conference or write an articleSupport 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

Get Eric's book, 'Predictive Analytics For Business Forecasting' here: https://bit.ly/predictive-analytics-bookCome to IBF's Predictive Analytics For Business Forecasting Conference from April 26-28. Details & registration: https://bit.ly/3qfU2hFSupport 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

00:00 Introduction01:57 M6 Forecasting Competition - forecasting Walmart sales03:25 Forecasting wizard, Gee Thompson05:20 Gee's approach to the Walmart forecasting competition 08:00 Why Gee goes against the machine learning trend09:35 Proving there's a place for traditional statistical models and human intelligence 12:43 Manual multipliers for seasonality 14:30 Explaining the Innovation State Space Model - is it a kind of Holt Winters method? 22:05 Probabilistic forecasting is here to stay25:30 How to integrate ML into statistical forecastingSupport 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

01:58 Recapping what S&OP/IBP is and don't worry about the acronym they're calling it05:00 Get IBF to help you implement S&OP/IBP07:44 What we're getting out of a good S&OP/IBP process10:00 Percentage improvement to your bottom line you can expect 12:00 Where the bottom line improvements come from13:08 The other, non-tangible benefits of S&OP/IBP14:50 Annualized ROI for a $500 m company 17:43 Improvements in operating costs16:15 Top top line growth16:30 Inventory improvements 16:48 Forecast accuracy19:30 How long it takes to see the benefits25:00 Caution - these results are based on mature/Vanguard organizations 26:46 Use IBF's S&OP maturity model for free 29:35 IBF training and conferences ibf.org/eventsSupport 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