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Fundamentals of Demand Planning and Forecasting, by Professor Chaman L Jain, Jack Malehorn
Ebook Fundamentals of Demand Planning and Forecasting, by Professor Chaman L Jain, Jack Malehorn
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This is the most comprehensive book written in the area of demand planning and forecasting, covering practically every topic which a demand planner needs to know. It discusses not only the different models of forecasting in simple and layman terms, but also how to use forecasts effectively in business planning. It covers forecasting processes from Silo to Consensus Forecasting to Sales & Operation Planning(S&OP) to Collaborative Planning, Forecasting and Replenishment (CPFR) to Integrated Business Planning (IBP), and describes how each one improves over the other. It gives many real life cases and examples to make the point. No matter how accurate forecasts are they have no value unless they are used. For that, it explains how to report, present and sell forecasts to management. Nothing improves unless it is measured. It discusses in detail key performance indicators, which are used or should be used in business. Also, what we can do to improve forecasts. Above all, it brings out a number of worst practices, with the thinking once companies recognize what they are doing wrong, they will do something about them. Also, the book discusses the criteria for selecting a forecasting & planning package or system and more.
Also, this is the key book used for the Certified Professional Forecaster (CPF) accreditation.
- Sales Rank: #2105527 in Books
- Published on: 2012
- Binding: Paperback
- 402 pages
Most helpful customer reviews
1 of 1 people found the following review helpful.
Knowledge is fearless
By Jim
If you are a senior leader in your company and have acknowledged(at least to yourself) that you lack the foundation to understand Demand Planning and Forecasting, this book is your get out of jail free card! If you are a senior leader in your company and think you know all there is to know about Demand Planning and Forecasting, this is your next level of knowing. If you are a practitioner of "The Craft", this book will confirm a lot of what you thought you knew and expand those areas of "forecasting" that intrigued you in the first place Purchase the book... read the book... use the knowledge contained within.
0 of 1 people found the following review helpful.
Five Stars
By Joseph Berri
Best in all, speed, quality and price. Thank you
0 of 11 people found the following review helpful.
Handy book for Demand Planners
By pduncan
I bought this book to fulfill my forecasting theory needs.
I'll be reading it in the next couple of weeks.
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