SCM Tutorials

Jan 26, 2011

Q2 Forecasting: Approaches to Forecasting : A Tutorial

Q2 Forecasting What Is Q2 Forecasting? Quantitative-Qualitative Forecasting Basic ideas behind Q2 forecasting: Wherever possible, forecasters should first develop a quantitative forecast, then use this for the basis for more… 

Jan 26, 2011

3 – Step Process: Approaches to Forecasting : A Tutorial

3 – Step Process STEP 1: Divide Items into Three Major Categories STEP 2: Apply the simplest tools needed to do the job STEP 3: Spend effort on the “difficult… 

Jan 26, 2011

The Procurement Process – Creating a Sourcing Plan: Procurement : A Tutorial

The Procurement Process – Creating a Sourcing Plan Introduction Identify Opportunities Analyze the Situation Undertake Strategic Analysis Case Study Create a Strategic Sourcing Plan Introduction The Procurement Process Business requirement… 

Jan 25, 2011

Qualitative Methods :Measuring Forecast Accuracy : A Tutorial

Qualitative Methods Common Qualitative Forecasting Methods EXAMPLE: Life Cycle analogy Analyzing the Life Cycle Data for the Previous Version Questions to Consider When Using the Life Cycle Analogy to Forecast… 

Jan 25, 2011

Multiple Regression: Approaches to Forecasting : A Tutorial

Multiple Regression Advanced techniques can be used when there is trend or seasonality, or when other factors (such as price discounts) must be considered. What is Multiple Regression? Resulting Forecast… 

Jan 25, 2011

Measuring Forecast Accuracy: Approaches to Forecasting : A Tutorial

Measuring Forecast Accuracy How Do We Measure Forecast Accuracy? Measures of Forecast Accuracy Mean Forecast Error (MFE) Mean Absolute Deviation (MAD) Tracking Signal Other Measures How Do We Measure Forecast… 

Jan 25, 2011

Single Regression: Approaches to Forecasting : A Tutorial

Single Regression Advanced techniques can be used when there is trend or seasonality, or when other factors (such as price discounts) must be considered. What is Single Regression? EXAMPLE: 16… 

Jan 25, 2011

Double Exponential Smoothing: Approaches to Forecasting : A Tutorial

Double Exponential Smoothing What Is Double Exponential Smoothing? Time Series with Trend: Double Exponential Smoothing h2. What Is Double Exponential Smoothing? …like regular exponential smoothing, except includes a component to… 

Jan 25, 2011

Exponential Smoothing: Approaches to Forecasting : A Tutorial

Exponential Smoothing What is Exponential Smoothing? Exponential Smoothing Forecaset with a = .3 h2. What is Exponential Smoothing? A type of weighted moving averaging model Part of many forecasting packages;… 

Jan 25, 2011

Time Series Models: Approaches to Forecasting : A Tutorial

Time Series Models Time Series Models Time Series Components of Demand… Basic Idea Behind Time Series Models Moving Average Models Table of Forecasts & Demand Values… … and Resulting Graph…