Research Reports
Research Report #11
Research Report
April 25, 2018
It is difficult to arrive at one fixed number of SKUs that a forecaster can manage, because situations vary from industry to industry and company to company. There are several factors at play. It depends on how easy or difficult it is to forecast, what the lead time is, the cost of forecast error,...
Research Report #5
Research Report
April 23, 2018
The primary benefit of benchmarking is to check the overall health of your forecasting efforts. This health check is not only important, but also essential to an organization's long term forecasting success enabling you to measure your current position against industry standards. Table ...
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February 5, 2018
If something is not measured, it will never improve. To improve forecast performance, we must have metrics in place to measure and monitor them. There will be inherent volatility...
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December 13, 2017
Very often questions arise how to convince upper management that the forecasting function is absolutely necessary. By calculating
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Designed to deal with sporadic demand (no seasonality) with a two-step process. The main goal is to provide a good safety stock, resulting in a situation where there is neither over or under stock. This is accomplished by considering two aspects of the data: the demand size and the…
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