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IN ORDER TO IMPROVE THE QUALITY OF BUSINESS DECISIONS Improving Forecast Performance
Elements of Forecast Performance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Elements of Forecast Performance ,[object Object],[object Object],[object Object],[object Object],[object Object]
ACCURACY IS IMPORTANT! ,[object Object]
Measure, Track, and Evaluate Accuracy! 06/10/09
Forecast to Take Advantage of the Pattern of Error! 06/10/09 Mean Average Percent Error (MAPE) Source:  IBF 2007 Survey
Employ Operational Metrics such as…….. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Use Ranges….. Not Just Point Estimates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Use Simulation Scenarios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
QUESTIONS??
CSI-S&OP: Why S&OP fails A brief look some causes for failed S&OP processes
Diagnosis of S&OP? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
“ Where does it hurt?” ,[object Object],[object Object],[object Object],[object Object]
Symptoms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Symptoms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Symptoms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Symptoms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Symptoms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Symptoms ,[object Object],[object Object],[object Object]
Questions
August 24 & 25, 2009  www.ibf.org/0809.cfm

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