The Europe: Business Planning, Forecasting & S&OP / IBP Conference provides an insight on how to bring change to your organization for better S&OP and operations planning.
The Europe: Business Planning, Forecasting & S&OP / IBP Conference covers topics such as:
- S&OP & FORECASTING PROCESS
- Cross-functional involvement and consensus building
- Process design and interfaces
- Forecast user Information needs
- Forecaster competencies & skills
- Risk and error tolerances
- ROLE OF FORECASTING IN THE ORGANIZATION
- Responsibilities/Accountability
- Benefits and its impact on supply chain, management decisions, financial plans
- Relationship to other decision and planning processes
- Consensus development and management support
- Cross-function participation and involvement
- DATA MANAGEMENT AND DATA CLEANING
- Structure of time series data
- Data identification and definition
- Identifying and adjusting for anomalies
- Data collection and analysis
- FORECAST ERROR MEASUREMENT
- Sources and remediation of error
- Importance of error measurement and analysis
- Mean Absolute % Error (MAPE)
- Interpretation and application of error metrics
- Error analysis and cost of error
- Weighted Mean Absolute % Error (WMAPE)
- HOW TO FORECAST WITH REGRESSION ANALYTICS - FORECASTING AND EVALUATING CAUSES OF VARIATION IN DEMAND
- Advantages and disadvantages
- When to use Regression
- Application in estimating effects of promotions, pricing, advertising, and other program actions
- How to build a regression model for demand
- Using regression methods in conjunction with time series forecasting
- HOW TO FORECAST WITH TIMES SERIES MODELS - THE MOST WIDELY USED METHOD OF FORECASTING
- Time series model development
- Importance of pattern identification
- Advantages and disadvantages of time series
- When to use time series models
- Underlying assumptions
- Event adjustments and when to use
- Widely used time series methods - averages, naïve model, exponential smoothing, decomposition, trend, seasonal, and other time series methods
- NEW PRODUCT FORECASTING - FORECASTING OVER LONGER TIME PERIODS WITH GREATER UNKNOWNS
- Opportunity identification and evaluation
- Challenges of New Product Forecasting
- Qualitative forecasting methods
- Product lifecycle structure and estimation
- Quantitative forecasting methods
- Diffusion models
- Expected error and accuracy
The Europe: Business Planning, Forecasting & S&OP / IBP Conference brings together planning professionals from around the world with responsibilities in:
- Demand Planning
- S&OP/IBP
- Forecasting
- Supply Chain
- Sales
- Analytics
- Finance
- Marketing
- Executive Management
- HR
