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Improving Forecasts with Integrated Business Planning - From Short-Term to Long-Term Demand Planning Enabled by SAP IBP (Hardcover, 1st ed. 2019)
Loot Price: R2,093
Discovery Miles 20 930
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Improving Forecasts with Integrated Business Planning - From Short-Term to Long-Term Demand Planning Enabled by SAP IBP (Hardcover, 1st ed. 2019)
Series: Management for Professionals
Expected to ship within 12 - 17 working days
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This book provides both a broad overview of the forecasting
process, covering technological and human aspects alike, and deep
insights into algorithms and platform functionalities in the IBP
toolbox required to maximize forecast accuracy. Rich in technical
and business explanations, it addresses short-, medium- and
long-term forecasting processes using functionalities available in
demand planning and demand sensing. There are also several
theoretical concepts underpinning the algorithms discussed; these
are explained with numerical examples to help demystify the IBP
forecasting toolbox. Beyond standard procedures, the book also
discusses custom approaches (e.g. new segmentation criteria, new
outlier detection and correction methods) and new methods (e.g. the
use of Markov chains for forecasting sporadic demands), etc. It
subsequently benchmarks common practices using these innovative
approaches and discusses the results. As measurement is an
important precondition for improvement, an entire chapter is
devoted to discussing process improvement and value using the Six
Sigma methodology. In closing, the book provides several useful
tips and tricks that should come in handy during project
implementation.
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