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Foreword | |
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Preface | |
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Acknowledgments | |
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About the Author | |
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Demystifying Forecasting: Myths versus Reality | |
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Data Collection, Storage, and Processing Reality | |
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Art-of-Forecasting Myth | |
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End-Cap Display Dilemma | |
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Reality of Judgmental Overrides | |
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Oven Cleaner Connection | |
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More Is Not Necessarily Better | |
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Reality of Unconstrained Forecasts, Constrained Forecasts, and Plans | |
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Northeast Regional Sales Composite Forecast | |
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Hold-and-Roll Myth | |
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The Plan that Was Not Good Enough | |
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Package to Order versus Make to Order | |
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"Do You Want Fries with That?" | |
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Summary | |
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Notes | |
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What Is Demand-Driven Forecasting? | |
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Transitioning from Traditional Demand Forecasting | |
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What's Wrong with The Demand-Generation Picture? | |
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Fundamental Flaw with Traditional Demand Generation | |
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Relying Solely on a Supply-Driven Strategy Is Not the Solution | |
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What Is Demand-Driven Forecasting? | |
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What Is Demand Sensing and Shaping? | |
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Changing the Demand Management Process Is Essential | |
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Communication Is Key | |
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Measuring Demand Management Success | |
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Benefits of a Demand-Driven Forecasting Process | |
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Key Steps to Improve the Demand Management Process | |
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Why Haven't Companies Embraced the Concept of Demand-Driven? | |
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Summary | |
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Notes | |
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Overview of Forecasting Methods | |
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Underlying Methodology | |
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Different Categories of Methods | |
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How Predictable Is the Future? | |
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Some Causes of Forecast Error | |
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Segmenting Your Products to Choose the Appropriate Forecasting Method | |
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Summary | |
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Note | |
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Measuring Forecast Performance | |
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"We Overachieved Our Forecast, So Let's Party!" | |
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Purposes for Measuring Forecasting Performance | |
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Standard Statistical Error Terms | |
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Specific Measures of Forecast Error | |
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Out-of-Sample Measurement | |
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Forecast Value Added | |
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Summary | |
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Notes | |
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Quantitative Forecasting Methods Using Time Series Data | |
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Understanding the Model-Fitting Process | |
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Introduction to Quantitative Time Series Methods | |
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Quantitative Time Series Methods | |
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Moving Averaging | |
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Exponential Smoothing | |
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Single Exponential Smoothing | |
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Holt's Two-Parameter Method | |
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Holt's-Winters' Method | |
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Winters' Additive Seasonality | |
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Summary | |
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Notes | |
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Regression Analysis | |
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Regression Methods | |
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Simple Regression | |
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Correlation Coefficient | |
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Coefficient of Determination | |
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Multiple Regression | |
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Data Visualization Using Scatter Plots and Line Graphs | |
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Correlation Matrix | |
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Multicollinearity | |
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Analysis of Variance | |
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F-test | |
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Adjusted R<sup>2</sup> | |
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Parameter Coefficients | |
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t-test | |
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P-values | |
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Variance Inflation Factor | |
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Durbin-Watson Statistic | |
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Intervention Variables (or Dummy Variables) | |
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Regression Model Results | |
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Key Activities in Building a Multiple Regression Model | |
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Cautions about Regression Models | |
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Summary | |
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Notes | |
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ARIMA Models | |
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Identifying the Tentative Model | |
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Estimating and Diagnosing the Model Parameter Coefficients | |
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Creating a Forecast | |
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Seasonal ARIMA Models | |
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Box-Jenkins Overview | |
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Extending ARIMA Models to Include Explanatory Variables | |
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Transfer Functions | |
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Numerators and Denominators | |
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Rational Transfer Functions | |
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ARIMA Model Results | |
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Summary | |
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Notes | |
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Weighted Combined Forecasting Methods | |
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What Is Weighted Combined Forecasting? | |
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Developing a Variance Weighted Combined Forecast | |
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Guidelines for the Use of Weighted Combined Forecasts | |
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Summary | |
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Notes | |
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Sensing, Shaping, and Linking Demand to Supply: A Case Study Using MTCA | |
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Linking Demand to Supply Using Multi-Tiered Causal Analysis | |
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Case Study: The Carbonated Soft Drink Story | |
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Summary | |
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Consumer Packaged Goods Terminology | |
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Adstock Transformations for Advertising GRP/TRPs | |
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Notes | |
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New Product Forecasting: Using Structured Judgment | |
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Differences between Evolutionary and Revolutionary New Products | |
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General Feeling about New Product Forecasting | |
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New Product Forecasting Overview | |
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What Is a Candidate Product? | |
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New Product Forecasting Process | |
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Structured Judgment Analysis | |
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Structured Process Steps | |
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Statistical Filter Step | |
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Model Step | |
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Forecast Step | |
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Summary | |
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Notes | |
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Strategic Value Assessment: Assessing the Readiness of Your Demand Forecasting Process | |
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Strategic Value Assessment Framework | |
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Strategic Value Assessment Process | |
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SVA Case Study: XYZ Company | |
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Summary | |
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Suggested Reading | |
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Notes | |
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Index | |