THE INTERNATIONAL JOURNAL OF APPLIED FORECASTING
The Foresight Blog

The Quest for a Better Forecast Error Metric

In an article published in the Summer 2006 issue of Foresight: The International Journal of Applied Forecasting, author Tom Willemain argued that “while most forecast-error metrics are averages of forecast errors, for intermittent demand series, we should focus on the demand distribution and assess forecast error at each distinct level of demand.” issue 47 More...

Meet Stefan de Kok – co-founder of Wahupa.com

Stefan calls himself “an extroverted mathematician with a chronic passion for supply chain.” His areas of expertise include demand forecasting, inventory optimization, production planning and scheduling, S&OP / IBP, supply chain planning, and strategic network design. This interview originally appeared in the Summer 2017 Issue of Foresight (Issue No. 46). Stefan, tell us about Wahupa.com....

Interview with Shaun Snapp – Researcher, Consultant, and Author

Shaun is the Founder and Managing Editor of Brightwork Research & Analysis (scmfocus.com), where he provides SAP research and consulting. This interview originally appeared in the Spring 2017 issue of Foresight (Issue No. 45) Shaun, how did your forecasting career start? Through working on forecasting consulting projects that were business oriented rather than software oriented....

Foresight Practitioner Conference: Recoupling Forecasting with Inventory Control and Supply Planning

Recoupling Forecasting with Inventory Control and Supply Planning The Foresight Practitioner Conference North Carolina State University Institute for Advanced Analytics Raleigh, North Carolina November 15-16, 2017 Why focus on the forecasting process? Research has revealed that too often the forecasting process is decoupled from inventory and supply planning: forecasters have imperfect knowledge of how their...

The Robots Are Coming—to Make You Creative

The Robots Are Coming—to Make You Creative William Halal, Owen Davies, and Hassan Syed, TechCast Global TechCast’s study to estimate changes in jobs to the year 2030. After forecasting the AI Revolution rather accurately for many years,[1] it’s good to see the recent awareness that AI is really starting to transform industries, entire economic systems,...

Foresight: Now Available for your Digital Reading Pleasure

We’ve known for some time that a growing number of Foresight readers are interested in receiving the journal in an interactive, online format, and compatible with their mobile devices as well. You spoke… we listened! We are happy to announce the availability of Foresight’s first digital edition. Read our Fall 2016 issue online! Foresight will continue to...

Triennial International Federation of Operational Research Societies (IFORS) 2017 Conference

IFORS Conference, Quebec City, Canada CALL for Session Chairs and Papers for the Military, Defense and Security (MDAS) Applications Stream We are soliciting session chairs and presenters for the 21st triennial IFORS Conference scheduled during the third week of July 2017, 17-21 July, at the Convention Centre in downtown Quebec City. We encourage all relevant topics...

On-demand webinar: Fighting Worst Practices With Forecasting Automation and FVA

Fighting Worst Practices With Forecasting Automation and FVA (Forecast Value Added) About the Webinar So-called “best practices” in forecasting are available from many sources – some reputable, and some not so much. But what distinguishes a best practice from one that is merely good, or more importantly, from ones that are harmful? How would we...

Niels van Hove, Supply-Chain and Business Planning Professional

Niels van Hove is Founder and Director of Truebridges Consulting. He has 20 years of experience in supply-chain and business planning and is accredited in coaching skills to help companies achieve behaviours that improve business performance. This interview appears in the Summer 2016 issue of Foresight. Niels, tell us how you got involved in forecasting....

Mark Blessington, Sales and Marketing Consultant

Mark Blessington is President of Mark Blessington Inc., a sales and marketing consulting firm, and the author of two recent books: Sales Forecasting: A Practical Guide (2015) and Sales Quotas: An Analytical Approach to Quota Setting (2014). He started as a day trader and later expanded into the marketing and sales arena. His article, “Sales Quota Accuracy and Forecasting,” appears in the...

Dean Sorensen, Management Consultant

Dean Sorensen is a management consultant engaged in helping manufacturers improve planning, managing, and governing. He previously worked for Jonova, Inc., a predictive-analytics and integrated-planning-and-forecasting software company. His article, “Beyond S&OP and IBP to Enterprise Planning and Performance Management,” appears in the Winter 2016 issue of Foresight.  What follows is his Forecaster-in-the-Field interview, from the same...

Neill Wallace, Writer and Business Consultant

In 2004 Neill took a position as a marketing associate at a leading medical-device company; in 2013 he left the business as the head of global sales and marketing. Dealing with sales partners in over 50 countries, Neill understood the need for effective collaboration between sales management and production forecasters. By creating a collaborative culture between the demand and supply sides, the...

Jack Harwell, Proprietor of Opsman, LLC

Meet Jack Harwell, sole proprietor of Opsman, LLC.  Jack previously served as Vice President for Global Sourcing and Distribution at Radio Shack and Vice President, Supply Chain, at Amerock. This interview originally appeared in the Fall 2015 issue of Foresight (Issue No. 39).   How did you first get involved in forecasting? I’ve been in and out of forecasting my entire career. I...

Pete Alle, Oberweis Dairy

Meet forecaster in the field, Pete Alle, VP of Supply Chain at Oberweis Dairy. This interview originally appeared in the Summer 2015 issue of Foresight (issue no. 38).

Eric Wilson, Tempur Sealy International

Meet forecaster in the field, Eric Wilson, Director of Demand Planning and S&OP at Tempur Sealy International, who we spoke with in the spring of 2015 about the role forecasting plays in his organization. How did you get started in forecasting? After school (Wright State University, Business Administration), I started my own business, buying and selling textbooks....

William Duty, Momentive Performance Materials

Earlier this year we spoke briefly with forecaster in the field, William Duty, Director of SIOP at Momentive Performance Materials, about his career path and the role forecasting has played in it. You hold a degree from WV Tech in Mechanical Engineering. How did you get from Mechanical Engineering to a career in SIOP and...