Demand planning goals and getting it right

Demand planning goals and getting it right

Getting demand planning right   Forecasting is a common statistical task in business, where it helps to inform decisions about the scheduling of production, transportation and personnel, and provides a guide to long-term strategic planning. However, business...
What you can or cannot forecast

What you can or cannot forecast

What you can or cannot forecast   Forecasting is required in many situations: deciding whether to build another power generation plant in the next five years requires forecasts of future demand; scheduling staff in a call centre next week requires forecasts of...