

IBF On Demand
IBF0 Eric Wilson CPF
The forecasting, demand planning and S&OP podcast designed for practitioners in the field. Brought to you by the Institute of Business Forecasting with your host Eric Wilson, ACPF.
Episodes
Mentioned books

Oct 11, 2022 • 27min
Is S&OP/IBP Working In The Age Of Remote Working? Part II
02:18 Can S&OP be done remotely? 03:45 Kevin Reim, VP Fulfilment Operations, L'Oréal05:05 Why hybrid S&OP works - and is even more effective06:10 Does lack of close contact hinder trust and collaboration?07:57 Workplace politics has increased post-COVID10:30 People are less inclined to engage when behind a camera12:30 Does virtual working create a level playing field across regions?14:10 Virtual working drives focus 14:40 Adapting your S&OP to a remote/hybrid environment15:55 Virtual working makes S&OP meetings shorter17:17 So it works but what about new people coming in?17:49 Tip1: Create a structured process, cadence and follow ups22:26 Tip 2: Don't micromanage meetings23:47 Tip 3: Adopt new communication tools24:45 Tip 4: Get Your &OP Champion to Step UpSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Sep 12, 2022 • 30min
Is S&OP/IBP Working In The Age Of Remote Working? Part I
IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting02:11 The new normal of digital S&OP/IBP06:00 S&OP is still being relegated to a supply chain function 06:45 Supply chain folks are too tactical07:50 Day-to-day S&OP isn't working in the digital world08:53 Lack of close contact hinders trust and collaboration11:00 Getting people to engage on video calls15:10 Remote working is taking the decision making out of S&OP/IBP18:25 The positives to remote S&OP/IBP20:20 Is S&OP/IBP more efficient when done remotely?23:10 Tips for driving success in S&OP/IBPSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Aug 30, 2022 • 28min
Demand Sensing & Demand Shaping With Starbucks
IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting00:00 Introduction01:23 Orlando Forecasting, Planning & S&OP Conference 02:30 How Starbucks uses your data to make you spend more03:50 Data analytics still comes down to people and process06:10 The planning challenges Starbucks has to overcome09:50 Connecting demand planning to strategic planning to optimize the business12:02 Scenario planning multiple scenarios is the future 14:40 Will software tools be able to handle scenario planning automatically?16:00 Integrating predictive technologies and supply responses17:50 Demand planning requires analytical skills and creativity 20:50 Retaining talent in a competitive market 22:40 Demand planning is about people and their behavior is changingSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Aug 2, 2022 • 33min
Making Your S&OP Best-In-Class
02:00 IBF S&OP Maturity Model03:48 What makes a Vanguard S&OP process05:40 Is there a difference between basic S&OP and best-in-class S&OP?08:30 Getting executives onboard 10:50 The bias towards decision making 12:45 From functional siloes to end-to-end value chain13:55 COVID encouraged companies to implement S&OP18:30 Myth's that hold companies back from S&OP success21:17 Continuous improvement 26:00 The next big thing in S&OPSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Jul 26, 2022 • 31min
Should Demand Planners Learn Coding For Predictive Analytics?
00:00 Introduction02:20 What companies did to survive the pandemic04:18 Dr. Barry Keating - Predictive Analytics expert05:40 Is Predictive Analytics really any different?07:43 The difference between time series and Predictive Analytics08:33 Time series forecasting isn't going away09:05 The rise of predictive analytics10:01 Moving from static data to data with different dimensions12:25 How do we identify what data is useful and what isn’t?14:55 Can we do advanced analytics without coding skills?20:10 How do you comfortable with advanced algorithms?26:00 Defining what Predictive Analytics isSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Jul 26, 2022 • 35min
Integrating S&OP & Finance To Manage The Coming Recession | Cash Flow Forecasting
00:00 Introduction 01:54 Economic outlook - higher inventory and higher costs 05:00 S&OP/IBP is focusing on supply chain costs 08:20 Does Finance see the value of S&OP?09:55 No difference between S&OP and a financial rolling forecast10:10 If you don't understand resources consumption you can't get cash right11:58 Integrated S&OP vs S&OP14:50 Who owns the trade off between customer orders, perfect order fulfilment, and days in receivable?17:00 Can't do cash flow forecasting without a supply chain model20:35 Every Finance person will want a prescriptive analytics tool20:11 Advantages of looking at the balance sheet, not just the income sheetSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

May 20, 2022 • 33min
Optimizing S&OP For Effective Decision Making
IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting02:14 Chicago S&OP/IBP Conference, June 1704:10 S&OP is about decision making 04:50 Rachel Stafford CPF, S&OP expert06:25 Why is it so hard to make decisions in S&OP?08:30 S&OE for tactical decision-making 10:25 War and inflation: the demand variables that S&OP must address12:12 Is S&OP not agile enough?14:54 How to keep focus on decision making in S&OP17:44 Companies shortened S&OP cadence for COVID - time to reset?19:43 Preparing for effective S&OP meetings 21:16 Gaining consensus virtually vs face-to-face25:38 Improving S&OP with training, maturity models 29:33 Collaboration, consensus and transparency Support the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

May 6, 2022 • 33min
What Are My Favorite Forecasting Methods?
IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting00:00 Intro01:21 IBF Conferences https://ibf.org/forecasting-and-plann...02:48 A peak inside my forecasting tool box05:00 The types of forecasting methods available to you 08:33 How to decide which method to use - accuracy vs interpretability 12:41 The most common methods used in business forecasting13:36 Judgmental methods: sales force, jury method, expert opinion, Delphi method17:09 Time series forecasting: naïve, average, decomposition, exponential smoothing23:55 Causal and relationship methods: simple linear, multiples, logistic, ratios26:30 Machine learning: Bayesian, logistic, trees, neural networks"28:30 Clustering: constraint, hierarchical, distribution, centroid 30:45 How to pick the best modelSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Apr 19, 2022 • 30min
Change Management For S&OP Transformation
IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting00:00 Intro04:19 How to you keep teams engaged during S&OP transformation projects06:07 How to get different functions talking the same language 07:45 The "yes and" principle 08:50 Using data and KPIs to reaching consensus across the organization 10:39 The value of cross-functional change management team11:50 Using external training to unite people towards the goal 14:55 The biggest benefit of external training for S&OP organizations16:35 Cutting out unnecessary meetings 18:35 What IBF training does for S&OP organizations22:22 First step if you're considering S&OP trainingSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

Apr 1, 2022 • 33min
Women In Demand Planning
IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting 00:00 Intro01:15 Online Training Course in Demand Planning, Forecasting & Planning02:44 Write for the Journal of Business Forecasting or www.demand-planning.com05:00 Women in demand planning 09:45 Demand planning at Tesla14:43 How to attract more women to demand planning 17:12 The impact of diversity on business performance 29:30 Come speak at an IBF conference or write an articleSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org


