Recoupling Forecasting with Inventory Control and Supply Planning
North Carolina State University Institute for Advanced Analytics
Raleigh, North Carolina
November 15-16, 2017
Research has revealed that too often the forecasting process is decoupled from inventory and supply planning: forecasters have imperfect knowledge of how their forecasts are used and managers have little knowledge about where the forecasts are coming from. The resulting misunderstandings and outright calculation errors are costly and wasteful. Resolving these problems requires better communication among forecasters, planners, and suppliers of the software in use.
Our conference speakers will provide perspectives from their experience and research on how to reintegrate these critical processes, reaping the benefits of lower costs and better service.