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The Basics of Demand Planning & Forecasting
Manage episode 348988156 series 2810825
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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
Introducing 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?
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