PPS

ONGOING FORECAST IMPROVEMENT

PROJECT TYPE

IBP Demand Forecasting Support

CLIENT PROFILE

CPG Food & Beverage

$65B Revenue

DATE COMPLETED

2019

Project Overview

Client Problem

Client implemented IBP Demand and soon after “Go Live,” forecast accuracy began to drop.

SCMC Solution

SCM Connections documented and standardized forecasting process, provided advanced training for demand planners, and built user confidence in IBP.

Results

38% decrease in forecast error, statistically reviewed 3 Multiple Linear Regression Models, developed standard promotional data definitions across all products, and created custom training and trouble shooting documentation.