Thursday 24th May 2018

A sample of work done &/or Tools available to help Forecasting

How forecasting slow movers hurts more than it helps

VAlpha, a new method of forecasting

Championed an early 'focus forecasting' system

Member of the ORS forecasting SIG

Adapted Croston's method to work better

Standard deviation is the forgotten part of safety stock, and is itself a forecast (it assumes the past predicts the future). Showed just how much damage it was doing

'Weeks of Stock' might not sound like a forecast, but it often is!

Introduced the '3 thresholds of forecast-ability' (TOFs)

Where the task takes precedence over the goal, we do wrong things faster.
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