Nicolas Vandeput – Medium

Nicolas Vandeput

Featured Book

Demand Forecasting Best Practices

Demand Forecasting Best Practices

Demand Forecasting Best Practices teaches you to optimize demand planning to deliver a more effective supply chain.

2023

Nicolas Vandeput

Nicolas Vandeput

Stories

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Nicolas Vandeput

Demand Planners Rulebook

What should demand planners do and not do? First, we emphasize critical practices for demand planning (viewing forecasting as an…

Jul 22

Demand Planners Rulebook

Jul 22

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Nicolas Vandeput
in
Towards Data Science

Forecast KPI: RMSE, MAE, MAPE & Bias

The article below is an extract from my book Data Science for Supply Chain Forecast, available here. You can find my other articles here:

Jul 5, 2019

Forecast KPI: RMSE, MAE, MAPE & Bias

Jul 5, 2019

Nicolas Vandeput

How to set Forecasting Accuracy Targets

How should supply chain leaders set forecasting accuracy targets? In this article, I first review three techniques to set targets (industry…

Sep 2

How to set Forecasting Accuracy Targets

Sep 2

Nicolas Vandeput

Supply Chain KPIs: When Incentives and Bonuses Are Toxic

Tracking KPIs is essential to manage supply chains, but incentivizing individuals based on metrics can backfire. This article provides…

Oct 11, 2023

Supply Chain KPIs: When Incentives and Bonuses Are Toxic

Oct 11, 2023

Nicolas Vandeput

How to Select Supply Chain KPIs

This article explores the risks of using inadequate KPIs for supply chain management. Starting with stories from the trenches, we structure…

Oct 5, 2023

How to Select Supply Chain KPIs

Oct 5, 2023

Nicolas Vandeput

Stop Using Segmented Forecasting

With advancements in technology and data analytics, demand forecasting is experiencing a significant transformation. The traditional…

Jul 17, 2023

Stop Using Segmented Forecasting

Jul 17, 2023

Nicolas Vandeput

Outlier Detection and Correction

This article is a comprehensive guide to managing sales outliers. It begins by dissecting the root causes of outliers in sales order data…

Jul 5, 2023

Outlier Detection and Correction

Jul 5, 2023

Nicolas Vandeput

How to Forecast Intermittent Products

This article explores one of the most challenging problems in supply chain management: forecasting intermittent demand. We first delve into…

Jun 29, 2023

How to Forecast Intermittent Products

Jun 29, 2023

Nicolas Vandeput

How to Reduce Your Forecasting Error by 35%

This article presents a clear step-by-step approach to reducing your forecasting by up to 35%: collect and clean your data, use machine…

Jun 7, 2023

How to Reduce Your Forecasting Error by 35%

Jun 7, 2023

Nicolas Vandeput

How to Forecast New Products: Challenges and Solutions

This article tackles the challenge of forecasting new products. First, we divide product introductions into three cases: new version, line…

May 24, 2023

How to Forecast New Products: Challenges and Solutions

May 24, 2023

Nicolas Vandeput

Nicolas Vandeput

Book Author

Consultant, Trainer, Author. I reduce forecast error by 30% 📈 and inventory levels by 20% 📦. Contact me: linkedin.com/in/vandeputnicolas

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