{"id":960,"date":"2010-09-23T13:37:11","date_gmt":"2010-09-23T17:37:11","guid":{"rendered":"https:\/\/demand-planning.com\/?p=960"},"modified":"2010-09-23T13:37:11","modified_gmt":"2010-09-23T17:37:11","slug":"perfect-forecasting-metrics-for-imperfect-forecasts","status":"publish","type":"post","link":"https:\/\/demand-planning.com\/2010\/09\/23\/perfect-forecasting-metrics-for-imperfect-forecasts\/","title":{"rendered":"\u201cPerfect\u201d Forecasting Metrics for Imperfect Forecasts"},"content":{"rendered":"
\"\"<\/a>

Jim Workman <\/p><\/div>\n

\"\"<\/a>

Natalie Scheidler <\/p><\/div>\n

How many times have you heard your Forecast Accuracy is too low and it must improve?\u00a0 Then you think, \u201cIt is a forecast!!\u00a0 If I could predict it to 100%, I\u2019d have gone to Vegas and be retired now.\u201d<\/p>\n

Well, we may not be able to help out your early-retirement plan that comes from a \u201cperfect forecast,\u201d but we will try to help make sure you are measuring the right behavioral results to drive improvement at your company. Our combined experiences have provided us with some insight into forecasting metrics and reporting that we will share with you in October at the IBF Conference.<\/p>\n

Every company has \u201ctheir\u201d metrics and \u201ctheir\u201d reports, and everyone uses this information differently.\u00a0 While we all want to think that \u201cour\u201d way is the best way, Natalie and I believe that there\u2019s not one perfect set of measures (despite our presentation title).\u00a0 The key is how you adapt metrics to fit with your company\u2019s culture, and how you use the data to drive improvement or support decisions.\u00a0 We have many real life examples of how we create our \u201cperfect\u201d set of metrics to measure our supply chain performance and how we drive improvement and decisions with this information.\u00a0 In Orlando at IBF, we will challenge you with our presentation to evaluate your \u201cperfect\u201d set of metrics and to find opportunities for improvement within your own company.<\/p>\n

We look forward to being able to share some of our company\u2019s \u201cPerfect\u201d Set of Forecasting Metrics, as well as learning about your \u201cperfect\u201d set of metrics at the upcoming IBF\u2019s Best Practices event in Orlando<\/a>.<\/p>\n

See
\n<\/strong>Jim & Natalie Speak in Orlando at IBF’s:<\/strong><\/a><\/p>\n

\"\"<\/strong><\/a><\/p>\n


\n<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

How many times have you heard your Forecast Accuracy is too low and it must improve?\u00a0 Then you think, \u201cIt is a forecast!!\u00a0 If I could predict it to 100%, I\u2019d have gone to Vegas and be retired now.\u201d Well, we may not be able to help out your early-retirement plan that comes from a […]<\/p>\n","protected":false},"author":308,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[61,34,170,69,42,36,48,73,38,171],"class_list":{"0":"post-960","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-forecasting-and-planning","7":"tag-business-forecasting","8":"tag-demand-planning","9":"tag-eli-lilly","10":"tag-forecast-accuracy","11":"tag-forecasting-metrics","12":"tag-ibf","13":"tag-institute-of-business-forecasting-and-planning","14":"tag-sales-operations-planning","15":"tag-supply-chain","16":"tag-supply-chain-planning"},"_links":{"self":[{"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/posts\/960"}],"collection":[{"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/users\/308"}],"replies":[{"embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/comments?post=960"}],"version-history":[{"count":0,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/posts\/960\/revisions"}],"wp:attachment":[{"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/media?parent=960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/categories?post=960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demand-planning.com\/wp-json\/wp\/v2\/tags?post=960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}