Forecast Errors Often Due to Significant Shifts in Demand Patterns
The demand volatility has become a major focus area for supply chain managers at large process manufacturers. Forecast Errors, a weekly e-newsletter, shares methods, modes, and tools used in a variety of supply chain industries. The newsletter explored forecast errors as the difference between the actual and predicted value. In the current November 24th issue, Forecast Errors examined the significant shifts in demand patterns due to forecast errors.
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