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Demand Forecasting Best Practices
by Nicolas VandeputLead your demand planning process to excellence and deliver real value to your supply chain.In Demand Forecasting Best Practices you&’ll learn how to: Lead your team to improve quality while reducing workload Properly define the objectives and granularity of your demand planning Use intelligent KPIs to track accuracy and bias Identify areas for process improvement Help planners and stakeholders add value Determine relevant data to collect and how best to collect it Utilize different statistical and machine learning models An expert demand forecaster can help an organization avoid overproduction, reduce waste, and optimize inventory levels for a real competitive advantage. Demand Forecasting Best Practices teaches you how to become that virtuoso demand forecaster. This one-of-a-kind guide reveals forecasting tools, metrics, models, and stakeholder management techniques for delivering more effective supply chains. Everything you learn has been proven and tested in a live business environment. Discover author Nicolas Vandeput&’s original five step framework for demand planning excellence and learn how to tailor it to your own company&’s needs. Illustrations and real-world examples make each concept easy to understand and easy to follow. You&’ll soon be delivering accurate predictions that are driving major business value. About the Technology An expert demand forecaster can help an organization avoid overproduction, reduce waste, and optimize inventory levels for a real competitive advantage. This book teaches you how to become that virtuoso demand forecaster. About the Book Demand Forecasting Best Practices reveals forecasting tools, metrics, models, and stakeholder management techniques for managing your demand planning process efficiently and effectively. Everything you learn has been proven and tested in a live business environment. Discover author Nicolas Vandeput&’s original five step framework for demand planning excellence and learn how to tailor it to your own company&’s needs. Illustrations and real-world examples make each concept easy to understand and easy to follow. You&’ll soon be delivering accurate predictions that are driving major business value. What's Inside Enhance forecasting quality while reducing team workload Utilize intelligent KPIs to track accuracy and bias Identify process areas for improvement Assist stakeholders in sales, marketing, and finance Optimize statistical and machine learning models About the Reader For demand planners, sales and operations managers, supply chain leaders, and data scientists. About the Author Nicolas Vandeput is a supply chain data scientist, the founder of consultancy company SupChains in 2016, and a teacher at CentraleSupélec, France. Table of Contents: Part 1 - Forecasting demand 1 Demand forecasting excellence 2 Introduction to demand forecasting 3 Capturing unconstrained demand (and not sales) 4 Collaboration: data sharing and planning alignment 5 Forecasting hierarchies 6 How long should the forecasting horizon be? 7 Should we reconcile forecasts to align supply chains? Part 2 - Measuring forecasting quality 8 Forecasting metrics 9 Choosing the best forecasting KPI 10 What is a good forecast error? 11 Measuring forecasting accuracy on a product portfolio Part 3 - Data-driven forecasting process 12 Forecast value added 13 What do you review? ABC XYZ segmentations and other methods Part 4 - Forecasting methods 14 Statistical forecasting 15 Machine learning 16 Judgmental forecasting 17 Now it&’s your turn!
Demand Forecasting for Inventory Control
by Nick T. ThomopoulosThis book describes the methods used to forecast the demands at inventory holding locations. The methods are proven, practical and doable for most applications, and pertain to demand patterns that are horizontal, trending, seasonal, promotion and multi-sku. The forecasting methods include regression, moving averages, discounting, smoothing, two-stage forecasts, dampening forecasts, advance demand forecasts, initial forecasts, all time forecasts, top-down, bottom-up, raw and integer forecasts, Also described are demand history, demand profile, forecast error, coefficient of variation, forecast sensitivity and filtering outliers. The book shows how the forecasts with the standard normal, partial normal and truncated normal distributions are used to generate the safety stock for the availability and the percent fill customer service methods. The material presents topics that people want and should know in the work place. The presentation is easy to read for students and practitioners; there is little need to delve into difficult mathematical relationships, and numerical examples are presented throughout to guide the reader on applications. Practitioners will be able to apply the methods learned to the systems in their locations, and the typical worker will want the book on their bookshelf for reference. The potential market is vast. It includes everyone in professional organizations like APICS, DSI and INFORMS; MBA graduates, people in industry, and students in management science, business and industrial engineering.
Demand Management: Stagflation - Volume 2 (Routledge Revivals: Stagflation #Vol. 02)
by David A Vines J. M. Maciejowski J. E. MeadeFirst published in 1983, this is the second of two volumes on the causes and cure of stagflation – that combination of mass unemployment and rapid inflation that is currently afflicting the mixed economies of the industrially developed world. The authors deplore the unemployment due to the failure of governments to adopt Keynesian measures for the expansion of economic activity, but recognise that in present conditions such measures would lead to an unacceptable and explosive inflation of money wages and prices. They therefore advocate a dual strategy of financial policies for a steady expansion of total money incomes combined with individual wage rates set at levels to promote employment. The book is of importance for all those concerned with macroeconomic theory and policy. The description of the meaning of a New Keynesian policy and of the arguments for it have been written in a way which should be intelligible to policy-makers and students, and not only to economists with technical training. Professional macroeconomists will be interested not only in these sections but also in the fully specified macroeconomic model used to analyse New Keynesian policies in economic terms and to carry out a counterfactual re-running of history. In addition, the unusually detailed exposition of the application of control techniques to a difficult multivariable control problem also makes the book of interest to control engineers who wish to acquaint themselves with recent generalisations of classical frequency response methods.
Demand Media
by John Deighton Leora KornfeldGoogle search had helped Demand Media grow to be a $1.9 billion online publisher. Then, social media and smartphone apps began to change the way people navigated the Internet. How should Demand Media respond? The business ran on a radically new model in which a stable of 10,000 freelance contributors supplied content, the Internet's search engines brought it 75 million readers each month, and advertising generated revenue. It took the guesswork out of content production, with algorithms that indicated which topics were being searched and created content accordingly. Demand treated its 5,000 online articles published per day as an investment, not a cost, a reversal of the traditional media model. In addition to being able to infer consumers' interests with its algorithm, the company had a formula for estimating the lifetime value of each piece of content. As the business models of print and broadcast media declined, Demand had figured out how to leverage digital and social media tools to bring down the costs of creating content and to find an audience. In spring 2011, executives at the five-year-old company were pleased with the company's billion dollar IPO, the biggest Internet IPO since Google's, but changes in consumer behavior on the Internet were obliging a review of the model.
Demand Prediction in Retail: A Practical Guide to Leverage Data and Predictive Analytics (Springer Series in Supply Chain Management #14)
by Maxime C. Cohen Paul-Emile Gras Arthur Pentecoste Renyu ZhangFrom data collection to evaluation and visualization of prediction results, this book provides a comprehensive overview of the process of predicting demand for retailers. Each step is illustrated with the relevant code and implementation details to demystify how historical data can be leveraged to predict future demand. The tools and methods presented can be applied to most retail settings, both online and brick-and-mortar, such as fashion, electronics, groceries, and furniture. This book is intended to help students in business analytics and data scientists better master how to leverage data for predicting demand in retail applications. It can also be used as a guide for supply chain practitioners who are interested in predicting demand. It enables readers to understand how to leverage data to predict future demand, how to clean and pre-process the data to make it suitable for predictive analytics, what the common caveats are in terms of implementation and how to assess prediction accuracy.
Demand Response Application in Smart Grids: Concepts and Planning Issues - Volume 1
by Sayyad Nojavan Kazem ZareThis book analyzes the economic and technical effects of demand response programs in smart grids. A variety of operational and financial benefits are offered by demand response programs (DRPs) for load-serving entities, grid operators, and electricity consumers. The most notable advantages of DRPs are presented in this book, including decreased electricity prices, risk management, market power mitigation, and flexibility of market operations. In-depth chapters discuss the integration of demand response programs for the planning and operation of smart grids and explore the uncertainties of market prices, renewable resources and intermittent load management, making this a useful reference for a variety of different organizations and players in the electricity market, such as reliability organizations, distribution companies, transmission companies, and electric end-users.
Demand Response Application in Smart Grids: Operation Issues - Volume 2
by Sayyad Nojavan Kazem ZareThis book analyzes issues surrounding the efficient integration of demand response programs (DRPs) on operation problems in smart grids. The benefits offered by demand response programs (DRPs) for load-serving entities, grid operators, and electricity consumers are explained, including decreased electricity prices and risk management. In-depth chapters discuss the flexibility of market operations, market power mitigation, and environmental benefits—making this a must-have reference for engineers and related practicing professionals working for organizations in the electricity market, including reliability organizations, distribution companies, transmission companies, and electric end-users.
Demand Response in Smart Grids
by Pengwei Du Ning Lu Haiwang ZhongThis book is the first of its kind to comprehensively describe the principles of demand response. This allows consumers to play a significant role in the operation of the electric grid by reducing or shifting their electricity usage in response to the grid reliability need, time-based rates or other forms of financial incentives. The main contents of the book include modeling of demand response resources, incentive design, scheduling and dispatch algorithms, and impacts on grid operation and planning. Through case studies and illustrative examples, the authors highlight and compare the advantages, disadvantages and benefits that demand response can have on grid operations and electricity market efficiency.First book of its kind to introduce the principles of demand response;Combines theory with real-world applications useful for both professionals and academic researchers;Covers demand response in the context of power system applications.
Demand-side Flexibility in Smart Grid (SpringerBriefs in Applied Sciences and Technology)
by Roya Ahmadiahangar Argo Rosin Ivo Palu Aydin AziziThis book highlights recent advances in the identification, prediction and exploitation of demand side (DS) flexibility and investigates new methods of predicting DS flexibility at various different power system (PS) levels. Renewable energy sources (RES) are characterized by volatile, partially unpredictable and mostly non-dispatchable generation. The main challenge in terms of integrating RES into power systems is their intermittency, which negatively affects the power balance. Addressing this challenge requires an increase in the available PS flexibility, which in turn requires accurate estimation of the available flexibility on the DS and aggregation solutions at the system level. This book discusses these issues and presents solutions for effectively tackling them.
Demand-Side Peer-to-Peer Energy Trading (Green Energy and Technology)
by Vahid Vahidinasab Behnam Mohammadi-IvatlooDemand-Side Peer-to-Peer Energy Trading provides a comprehensive study of the latest developments in technology, protocols, implementation, and application of peer-to-peer and transactive energy concepts in energy systems and their role in worldwide energy evolution and decarbonization efforts. It presents practical aspects and approaches with evidence from applications to real-world energy systems through in-depth technical discussions, use cases, and examples. This multidisciplinary reference is suitable for researchers and industry stakeholders who focus on the field of energy systems and energy economics, as well as researchers and developers from different branches of engineering, energy, computer sciences, data, economic, and operation research fields.
Demand Spillovers and the Collapse of Trade in the Global Recession
by Rudolfs Bems Robert C. Johnson Kei-Mu YiA report from the International Monetary Fund.
Demanding Good Governance: Lessons from Social Accountability Initiatives in Africa
by Carmen MalenaAccountability is the cornerstone of good governance. Unless public officials can be held to account, then critical benefits associated with good governance, such as social justice, poverty reduction and development remain elusive. The impacts of non-responsive and unaccountable governance are perhaps most harshly felt by the citizens of Africa, where corruption and governance failures are broadly acknowledged as a principal obstacle to the achievement Over the past decade, a range of social accountability practices-such as participatory budgeting, independent budget analysis, participatory monitoring of public expenditure and citizen evaluation of public services have been experimented with in many Africa countries. Their outcomes and lessons have, thus far, received little attend and documentation. This volume aims to make a contribution towards filling this gap by describing and analyzing a selection of social accountability initiatives from seven Sub-Saharan countries.
Demanding More: Why Diversity and Inclusion Don't Happen and What You Can Do About It
by Sheree AtchesonLook around you. Is your workplace as diverse and accepting as it should be? From accusations of racism in high political office, award-winning actors admitting the sets they work on aren't inclusive, to everyday occurrences of sexism, agism, racism and more, we are far from where we need to be. Demanding More is THE diversity and inclusion book you need to read. Moving beyond HR speak, this book clearly explains what diversity and inclusion are and what it means in the everyday experience of millions of people, both at work and in life. Sheree Atcheson, Global Director of Diversity, Equity and Inclusion at Peakon and ex Monzo, draws on her experience as a young woman of colour in an overly white male tech environment; she lives and breathes the issues she writes about. In Demanding More, she calls out the lack of awareness around privilege, unchecked and unconscious biases and details what intersectionality does to feelings of discrimination and disadvantage. Arguing that the best strategy for us all to adopt is allyship, where we all take ownership of the issues and stand up to bias or discrimination, this book will give us all tools and strategies to action every day, making us accountable to delivering change around us.
DeMark Indicators: Using The Most Powerful Indicators To Chart Success In The Markets + Website (Bloomberg Financial #40)
by Jason Perl“Long a secret weapon for the hedge-fund elite,” says Trader Monthly, the DeMark Indicators are now used by more than 35,000 traders. This book provides an easy-to-follow system for using the indicators to identify market turns as they happen. Author Jason Perl gives a concise introduction to thirty-nine of the DeMark Indicators, and then shows how to combine the indicators and time frames to achieve a higher probability of trading success. Thomas R. DeMark, the creator of the DeMark Indicators and one of the most well-respected practitioners of technical analysis wrote the Foreword to this book. This is the second book in the Bloomberg Market Essentials™: Technical Analysis series, which covers the key elements of the most widely used technical analysis tools. Silver Medal Winner, Investing Category, Axiom Business Book Awards (2009) Winner: Book Series Cover Design, The Bookbinders Guild of New York/2009 New York Book Show Awards
Demarketing
by Jim Blythe Nigel BradleyWe all understand the basic principles underpinning marketing activity: to identify unfulfilled needs and desires and boost demand for the solutions a product is offering. The mantra is always "sell more". De-marketing tries for the very opposite. Why would a company actively try to decrease demand? There are many good reasons to do so: a firm cannot supply large enough quantities, or wants to limit supply to a region of narrow profit margin. Or, crucially, to discourage undesirable customers: those that could be bad for brand reputation, or in the case of the finance sector, high risk. De-marketing can yield effective solutions to these issues, effectively curtailing demand yet (crucially) not destroying it. Nevertheless, the fundamental negativity of de-marketing strategies often causes organisations to hide them from view and, as a result, they are rarely studied. This then is the first book to cast light on the secretive, counterintuitive world of de-marketing, deconstructing its mysteries and demonstrating how to incorporate them into a profit-driven marketing plan. A selection of thought leaders in strategic marketing mix theory with illustrative global cases, providing insight into how these strategies have been employed in practice and measuring their successes and failures. It’s a must-read for any student or researcher that wants to think differently about marketing.
Demarketing: Gezielte Nachfragereduzierung: Typologie und Wahrnehmung einer scheinbar unlogischen Bewegung
by Andreas HesseDieses Buch erläutert die riskante und subtile Strategie des Demarketings. Dabei wird Nachfrage nicht stimuliert, sondern durch verschiedene Maßnahmen gezielt reduziert oder umgelenkt. Die Beweggründe dafür sind unterschiedlich: Sowohl Nachhaltigkeit, soziale Verantwortung, Vertriebssteuerung und Image, als auch Effizienz, Umpositionierung oder schlichtweg Regulierungsvermeidung können Auslöser und Hintergrund sein. Der Autor zeigt strukturiert die verschiedenen Demarketingtypen auf und erläutert die Herangehensweisen und Konsumentenwahrnehmungen aus realen Kampagnen, wie beispielsweise der Marken Patagonia, Bio Company, Levi’s, Heineken, Gustavo Gusto oder KLM.Das erste grundlegende Werk zu Demarketing in deutscher Sprache – theoretisch fundiert und voller praxisrelevanter Hintergründe.
Demarketing Soda in New York City
by Christine Snively Carin-Isabel Knoop Margaret Rodriguez John A. QuelchIn 2013, New York City Mayor Michael Bloomberg tried and failed to institute a ban on serving sizes of large sugary beverages. Obesity posed a large public health risk to the city. Mayor Bloomberg's proposed ban was one of many attempts to combat the rising threat of obesity. The case discusses the efficacy of the proposed ban on large soda serving sizes in the context of the other anti-obesity initiatives crafted by Bloomberg's administration.
Démarrer une Activité Rentable à Domicile
by Amber Richards Giovanni PantanoCet livre décrit les aspects importants à retenir pour celui qui souhaiterait démarrer une activité à domicile dont la spécialité est de réaliser de beaux cadres photo en3D. Il examine les différentes options possibles, allant du simple hobby, de l’activité à domicile jusqu’au magasin avec pignon sur rue. Il aborde aussi les aspects de conception, réalisation et de commercialisation. Toutefois, ce livre n’a pas pour objectif d’examiner les aspects fiscaux, quels qu’ils soient, l'obtention d’un capital de départ, l’apport de conseils juridiques ou comptables, une étude de marché et la création d'un plan d'affaires.
The "Dematerialized" Insurance
by Peter Kochenburger Ioannis Rokas Pierpaolo MaranoThis book adopts an international perspective to examine how the online sale of insurance challenges the insurance regulation and the insurance contract, with a focus on insurance sales, consumer protection, cyber risks and privacy, as well as dispute resolution. Today insurers, policyholders, intermediaries and regulators interact in an increasingly online world with profound implications for what has up to now been a traditionally operating industry. While the growing threats to consumer and business data from cyber attacks constitute major sources of risk for insurers, at the same time cyber insurance has become the fastest growing commercial insurance product in many jurisdictions. Scholars and practitioners from Europe, the United States and Asia review these topics from the viewpoints of insurers, policyholders and insurance intermediaries. In some cases, existing insurance regulations appear readily adaptable to the online world, such as prohibitions on deceptive marketing of insurance products and unfair commercial practices, which can be applied to advertising through social media, such as Facebook and Twitter, as well as to traditional written material. In other areas, current regulatory and business practices are proving to be inadequate to the task and new ones are emerging. For example, the insurance industry and insurance supervisors are exploring how to review, utilize, profit from and regulate the explosive growth of data mining and predictive analytics ("big data"), which threaten long-standing privacy protection and insurance risk classification laws. This book's ambitious international scope matches its topics. The online insurance market is cross-territorial and cross-jurisdictional with insurers often operating internationally and as part of larger financial-services holding companies. The authors' exploration of these issues from the vantage points of some of the world's largest insurance markets - the U. S. , Europe and Japan - provides a comparative framework, which is necessary for the understanding of online insurance.
Deming management method
by Mary WaltonWhether you're the owner of our own small business, a middle manager in a mid-sized company, or the CEO of a multinational, this book can show you how to improve your profits and productivity. How? By following the principles of The Deming Management Method.Middle- and top-echelon managers in particular will find Dr. Deming's method provocative and controversial. He is for a total revamping of the way American managers manage. Some of his pet peeves are: managers who manage by slogans or by setting quotas, managers who don't know what their jobs are and who can't define the responsibilities of the workers under them, managers who tend to blame workers, not realizing that workers want to take pride in their work. Change, Dr. Deming beliees, starts at the top with an informed, quality-conscious management. This book includes excellent advice on how to achieve that level of management expertise in the author's analysis of Dr. Deming's famous 14 Points for Managers and his Deadly diseases of management. Dr. Deming's management techniques are all carefully explained in this detailed, step-by-step treatment of their major points and of their practical applications to everyday business life.A large portion of The Deming Management Method is devoted to practical applications of the method by some of American's most innovative firms, including Honeywell, AT&T and Campbell's Soup.
Deming The Way We Knew Him
by Frank VoehlPerhaps no other person in the history of modern business has so profoundly affected the methods of quality improvement in industry than W. Edwards Deming. The subject of many books, articles, and television documentaries, Dr. Deming has become the world-recognized leader of the quality movement in industry.
Demise of the Dollar: From the Bailouts to the Pandemic and Beyond (Agora Ser. #7)
by Addison WigginA devastatingly incisive look at the devaluation of the American dollar and how it impacts you In the newly revised third edition of Demise of the Dollar: From the Bailouts to the Pandemic and Beyond, New York Times and international bestselling author Addison Wiggin delivers yet another timely and insightful account of the devaluation of the American dollar. Fully updated to consider the events of the last ten years—including the COVID-19 pandemic—the book contains nuanced discussions of historic inflation, interest rates and the Federal Reserve, the impact the Euro has had since its introduction, the rise of China prior to the pandemic, cryptocurrencies and the United States’ consumer debt addiction. It also demonstrates how all these factors, and more, are affected by the American dollar’s role as the world’s “reserve currency”. You’ll learn what a weakened American dollar means for your portfolio and how you can best arrange your finances to protect against global macroeconomic risks. You’ll find: Strategies for making your portfolio more resilient against economic shocks, downturns, and crises Explorations of what increasing levels of US consumer debt mean for your investments, and for the world’s largest economics Examinations of how foreign countries have come to control the economic fate of the United States via the issuance of debtA fascinating account of one of the most important trends in American economics in the last hundred years, Demise of the Dollar offers incisive observations about the factors driving the world’s contemporary economies and specific and strategic guidance on how to structure your portfolio to survive, and even thrive, in a new financial environment.
The Demise of the Dollar...
by Addison Wiggin Chuck ButlerJust when you thought the dollar couldn't sink any further, it continues on a downward spiral. And now, with this fully revised and updated edition of The Demise of the Dollar, Addison Wiggin returns to reveal the many ways you can capitalize on this opportunity. Picking up where the bestselling original edition left off, this engaging book examines the many reasons behind the dollar's ongoing decline and provides you with the information needed to financially survive and thrive during the years ahead.
Democracies in Peril: Taxation and Redistribution in Globalizing Economies
by Nita Rudra Ida BastiaensGlobalization is triggering a 'revenue shock' in developing economies. International trade taxes - once the primary source of government revenue - have been cut drastically in response to trade liberalization. Bastiaens and Rudra make the novel argument that regime type is a major determinant of revenue-raising capacity once free trade policies have been adopted. Specifically, policymakers in democracies confront greater challenges than their authoritarian counterparts when implementing tax reforms to offset liberalization's revenue shocks. The repercussions are significant: while the poor bear the brunt of this revenue shortfall in democracies, authoritarian regimes are better-off overall. Paradoxically, then, citizens of democracies suffer precisely because their freer political culture constrains governmental ability to tax and redistribute under globalization. This important contribution on the battle between open societies and the ability of governments to help their people prosper under globalization is essential reading for students and scholars of political economy, development studies and comparative politics.
Democracy
by Rawi AbdelalSurveys scholarship on democracy and democratization. Describes the relationship between democracy and the environment of business, including capitalist economic institutions, economic growth, economic reform, and international relations.