Forecasting new products with limited history: Nabisco's experience

Article Abstract:

A new product forecasting methodology was applied to operations of Nabisco. Using this approach, a different technique is used for a non-deal week and a deal week, which is the week the product was promoted. The first six weeks of shipment are not counted in the computation of sales because they are treated as 'pipeline fill.' When this methodology was used in the Nabisco Biscuit Co, forecasts became more accurate when they were adjusted for seasonality.

Cookies & Crackers, Cookie and Cracker Manufacturing, Cookies and crackers, Forecasts and trends, Snack foods, New products, Product introduction, Biscuits, Nabisco Biscuit Co.

---

Planning process in a multi-unit environment: Philips Semiconductors' experience

Article Abstract:

A successful monthly business planning process in forecasting function and human resource management adopted by a decentralized organization like Philips Semiconductors to have the full advantages of economies of scale is delineated.

Semiconductors and related devices, Netherlands, Forecasting, Semiconductor industry, Case studies, Business plans, Philips Semiconductors (Eindhoven, Netherlands)

---

Bayesian modeling enhances supply chain forecasting and planning

Article Abstract:

A new forecasting technique based on Bayesian Learning and Dynamic Linear Modeling is presented. This technique's model fits are usually closer than those of other forecasting models.

Similar abstracts:

• Abstracts: Forecasting practices in electric and gas utility companies. Forecasting errors in the consumers products industry
• Abstracts: A study of innovators' experience of new product innovation in organisations. Team member experiences in new product development: views from the trenches
• Abstracts: The checkoff challenge. Best used by expiration date. Monopolies take a hit
• Abstracts: Secrets of challenger brands. The journey begins

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.