How to reduce Finished Goods Inventory… To zero!
Demand Planning and Analytics
This is a core method to apply the Fast Excel Development Method in building a planning and scheduling system in Excel.
Convert forecasts, explode demand and generate work orders — this method is something that every planner should know.
Is the purpose of production scheduling to feed MRP and execution?
If you’re satisfied with this answer, then you’re missing something. A small, two-letter word will change the way you look at scheduling.
Predictive planning provides a way to manage uncertainty. Planning can resolve the dilemma between schedule-push and demand-pull.
How an Excel-based predictive planning tool can work alongside the business transaction system.
Analytics for demand planning in Excel usually involves big tables of data.
To understand the demand for a product, you need to look into its history. An order history can easily have 100K+ records.
Here is a technique to perform fast analytical formulas on many thousand rows.
The dilemma of demand planning: to use a forecast or history.
We cannot expect history to repeat itself, yet every day we are reminded of inaccuracy and bias in the forecast.
How to combine the forecast and history to get a true measure of demand.