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Supply Chain Demand Forecasting Guide

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23 views23 pages

Supply Chain Demand Forecasting Guide

Uploaded by

samanismail84
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Supply Chain

Management
Demand Forecasting Ch-5

Session-6
What is Forecasting?

??
Forecasting Time Horizons
Types of Forecasts
Seven Steps in Forecasting
The Realities!

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Forecasting Approaches

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Forecasting Approaches

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Overview of Qualitative Methods

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Overview of Qualitative Methods

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Jury of Executive Opinion

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Delphi Method

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Sales Force Composite
 Each salesperson projects his or her
sales
 Combined at district and national levels
 Sales reps know customers’ wants
 Tends to be overly optimistic

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Consumer Market Survey

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Overview of Quantitative
Approaches

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Time Series Forecasting
Time Series Components

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Components of Demand

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Trend Component

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Seasonal Component

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Cyclical Component

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
Random Component

Reference: Principle of Supply Chain Management 5th Edition by Wisner, Tan &
ASSIGNMENT # 1
1. Search on the term supply chain management software applications, and
write a paper about how companies use these to improve their financial
performance

2. Go to the Institute of Supply Management’s website and use their “ISM


Glossary of Key Supply Management Terms” to explain these terms: (a) supply
management, (b) materials management, (c) procurement, (d) purchasing, (e)
sourcing, (f) acquisition, (g) sole sourcing and (h) single sourcing. If you are
not an ISM member, you will need to register and create an account before
you can access the glossary page.

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