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SCM Expert Posts New Article — “10 History Cleansing Best Practices for Reliable Statistical Forecasting”

SCM Expert Posts New Article — “10 History Cleansing Best

This article focuses on the best way to create baseline forecasts of product sales by performing product history cleansing, or cleansing the history of sales data. In order for SAP Advanced Planning & Optimization to create an accurate forecast of future sales, the product’s history must be cleansed of outliers such as shortages and promotions which cannot always be predicted like other forecasted trends.

Learn how best to cleanse a product history so that the most accurate baseline forecast can be created, as well as how to add future promotions into the forecast. Bob Croce, product director of SAPexperts comments, “Product forecasting, an extremely important function for a company, cannot be done accurately without knowing how to properly cleanse product history and develop accurate and reliable .”

The article is written by Rajesh Ray.
The article abstract is located at: http://www.scmexpertonline.com/network/login.cfm?id=6239

About the Author:
Rajesh Ray currently leads the SAP SCM product area at IBM Global Business Services (GBS). He has worked with leading corporations, such as Exide, Hindusthan Unilever, Toyota Kirloskar, SAP AG, and SAP India, prior to joining IBM. He is the author of two books on ERP and Retail Supply Chain published by McGraw-Hill, and has contributed to 38 leading international journals. Rajesh is a frequent speaker at different SCM forums and is an honorary member of the CII Logistics Council, APICS India chapter and the SCOR Society.

About SAPexperts:
SAPexperts consist of nine online knowledgebases produced by WIS Publishing – the leading independent provider of publications and educational events focused on SAP technology. The nine SAPexperts knowledgbases consist of Financials Expert, BI Expert, SCM Expert, HR Expert, CRM Expert, GRC Expert, Solution Manager Expert, Project Expert, as well as SAP Professional Journal. Access to the SAPexperts knowledgebases is obtained on an annual subscription basis. More information can be found at http://www.sapexperts.com.

About WIS Publishing:
WIS Publishing is the premier independent provider of SAP training materials, with more than 250,000 customers in 61 countries. WIS Publishing is the publisher of SAPinsider, insiderPROFILES, and the SAPexperts publications, and is the producer of the SAPinsider conferences and the Insider Learning Network. For more information, visit http://www.insiderlearningnetwork.com.

SAP is a registered trademark of SAP AG in Germany and several other countries. WIS Publishing is not affiliated with SAP AG or any of the SAP AG group of companies.

WIS is a publishing and training organization that supports business and IT professionals worldwide by giving them many different resources to optimize their investment in technology. Our goal is to provide the tools and information people need to be better and more productive, as well as to inspire them to continuously develop themselves professionally.

Wellesley Information Services Publications
20 Carematrix Drive
Dedham, MA 02026

Media Contact:
John Bertsch
Marketing Manager
BusinessObjects Expert
john.bertsch@wispubs.com
+1-781-751-8653

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