Forecasts
World Trade Magazine recently ran a great article by Dan North on Policy Perspectives: Reading the Economic Tea Leaves: Confessions of a Successful Forecast. It was short, sweet, to the point, and dead-on - even though it used one of the words that is obviously not in George W. Bush’s vocabulary.The article points out how [...]
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Supply & Demand Executive recently ran an article by Aatish Goel & Murali Krishnan Sundararajan on The Flat Supply Chain that noted that globalization has created a massive increase in supply chain complexity and that supply chain visibility is emerging as a critical differentiator for companies to stay ahead of the competition. The article [...]
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The EE Times ran a great article by Romit Dey and Manoj K. Singh last month on Demand Shaping and how it aligns customer trends with supply. But I have to ask, is it really “demand shaping” or is it more “demand sensing”. Is not “demand shaping” what marketing and advertising does? [...]
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In Forecasting, Part I, I pointed out that accurate forecasting is a complex and challenging problem but that it is generally still possible to create good forecasts through the proper combination of judgmental and statistical methodologies. Specifically, manually adjusted statistical forecasts by an expert who has “inside” information, is aware of “one-time” events, and / [...]
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