Academic journal article The Journal of Business Forecasting

Demand Planning & Forecasting: Best Practices Conference

Academic journal article The Journal of Business Forecasting

Demand Planning & Forecasting: Best Practices Conference

Article excerpt

April 26-28, 2006, Henderson, Nevada | To Register, please call: 516.504.7576 or visit: www.ibf.org/0604.cfm

PRE-CONFERENCE CONSUMER PRODUCTS & RETAIL FORECASTING FORUM

1:00PM - 5:00PM | Wednesday, April 26, 2006

FORUM REGISTRATION | 1:00PM - 2:00PM

To encourage multiple industries to share forecasting knowledge and experience with one another, the IBF has put together its 4th annual Pre-Conference Best Practices Forum for the Consumer Products & Retail Sectors

You Will:

* Hear presentations from major consumer products & retail companies such as Rubbermaid, Radio Shack, VF Jeanswear, Warner Home Video, and Cavendish Farms

* Share common forecasting issues and their solutions in an open discussion format with the panel members and your peers

* Network and make new friends with Consumer Products and Retail professionals in a comfortable setting

* Sample a variety of presenters and their views, which would give you a head start on the conference

MODERATOR:

Mike Gilliland, Analytical Product Marketing Manager SAS INSTITUTE

PANELISTS:

Thomas Tileston, Vice President, Global Forecasting WARNER HOME VIDEO

Jack Harwell, Sr. Director of Inventory Management RADIO SHACK

Bill Vinson, Director Forecast & Production Planning VF JEANSWEAR

Mary Cote, Supply Chain Planning Manager CAVENDISH FARMS

Tanya Liston, Demand Planning Manager RUBBERMAID

FORUM AGENDA | 2:00PM - 5:30PM

INTRODUCTIONS & OPENING REMARKS . . . . . . . 2:00 - 2:15

IMPLEMENTING SALES & OPERATIONS PLANNING (S&OP) WITH FORECASTING . . . . . . . 2:15 - 3:00

NETWORKINGBREAK . . . . . . . . . . . . 3:00 - 3:15

IMPLEMENTING SALES & OPERATIONS PLANNING (S&OP) WITH FORECASTING (CONTINUED) . . 3:15 - 4:15

NETWORKINGBREAK. . . . . . . . . . . . . 4:15 - 4:30

THE PANEL'S "BEST FORECASTING TIPS" . . . . . . . 4:30-5:30

EARLY REGISTRATION/EXHIBITING HOURS | 2:00PM - 5:30PM

FORUM FEE:

* W/ CONFERENCE REGISTRATION, ADDITIONAL $295

* FORUM ONLY, $595

DAY 1: THURSDAY, APRIL, 27

7:30AM | CONTIENTAL BREAKFAST COMPLIMENTS OF DEMAND SOLUTIONS

8:30AM - 11:30AM | WORKSHOPS

WORKSHOP I

"SIMPLE TOOLS TO ASSESS VOUTILITY, FORECASTABILITY, AND VALUE ADDED IN AN EFFORT TO IMPROVE YOUR FORECASTING PERFORMANCE"

This workshop will not focus on some new forecasting technique; instead, it will provide you with analysis tools that will deliver valuable insight into your demand patterns and forecasting. We will take you, step-by-step, through the gathering of forecasting related data, measuring the volatility of demand, and how that volatility impacts demand "forecastability." We will illustrate how to estimate lower and upper bounds for expected forecast accuracy. You will learn why it can be unreasonable to set arbitrary accuracy targets and foolish to pursue them. You will hear how eliminating some activities can lead to better forecasts. Leam how to exploit the concept of a "naïve" forecast and how to measure the "value added" by your forecasting efforts. The simple calculations used in these techniques are illustrated with real life datasets and case studies from several industries. You will leave with practical tools that can be easily and immediately applied to streamline and improve your forecasting performance.

Jack Harwell

RADIO SHACK CORPORATION

Michael Gilliland

SAS INSTITUTE

WORKSHOP II

"HOW TO GRASP THE CYCLES AND ELEMENTS OF SALES & OPERATIONS PLANNING"

Why read a book when you can attend this session about the cycle of the Sales & Operations Planning (S&OP)? You will not only obtain in-depth knowledge but also you will have a chance to get your questions answered in this content rich workshop that will have a specific focus on the S&OP cycle and its process elements. …

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