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Hans Levenbach

hans_levenbach.jpgHans Levenbach, PhD is Executive Director, CPDF Training and Certification Professional Development Programs. He conducts hands-on Workshops on Demand Forecasting for multi-national supply chain companies worldwide. He is group manager of the LinkedIn groups:

  • Demand Forecaster Training and Certification, Blended Learning, Predictive Visualization,
  • New Product Forecasting and Innovation Planning, Cognitive Modeling, Predictive Visualization.

He invites you to join if you have interest in sharing conversations on these topics.

 

Author's Articles

Uncertainty in Rolling Budget Forecasting: A Critical Role for Informed Judgment
September 14, 2018
FP&A Tags:
Financial Planning and Analysis, Planning and Budgeting, Modelling and Forecasting, Forecasting Quality

Statistical approaches to forecasting can provide a framework for creating rolling budgets to which analytical skills and judgment can be applied in supporting a sound budgeting process.

Read more
Budget Tracking with Rolling Statistical Forecasts
April 30, 2018
FP&A Tags:
Planning and Budgeting, Forecasting Quality, Rolling Forecast

For organizations with annual expense budgets, it is important to have procedures for monitoring expenditures and budget items throughout the year. This article visually describes how to use statistical forecasting models,  uncertainty ranges and space forecasting models for this purpose.

Read more
Demand Forecasting is Mostly About Data Exploration
March 9, 2018
FP&A Tags:
Modelling and Forecasting, Financial Planning and Analysis, Forecasting Quality, Data-Driven FP&A

As most forecasting methods require data, a forecaster analyzes the availability of data from both external and internal sources. The availability of external data is improving rapidly. With the explosion of Internet websites, potential sources of valuable data are becoming limitless. With unstructured data, the need for data mining tools has become a necessity for exploring potential sources of data for consumer analyses and predictive modelling purposes.

Read more
Forecasting: Should the Mean APE Rule the Accuracy Planet?
February 27, 2018
FP&A Tags:
Modelling and Forecasting, Forecasting Quality, Financial Planning and Analysis

Planners and managers in supply chain organizations are accustomed to using the Mean Absolute Percentage Error (MAPE) as their best (and sometimes only) answer to measuring forecast accuracy. It is so ubiquitous that it is hardly questioned.

Read more
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