Скачать или смотреть 3 Things you need to be great at demand planning

Do you want your supply chain to be great at demand planning?
Here's what you need,

1️⃣ Forecast Value Added.
Without this, you are literally in the dark: you have no clue if your team (or software) is adding any value.
(And no, tracking forecasting accuracy and bias isn't enough.)

2️⃣ See Forecasting as an Information Game.
What do you know? How does this impact forecasts?
Here are the basics: Are there any new or quitting clients?
Any new/phase-out product?
If you master these questions, you should already be able to add much value.

3️⃣ Machine Learning!
Implementing machine learning is easy. And it will add tremendous value.
Machine learning can use information such as promotions, shortages, and price changes.
Even without these insights, it will still beat statistical models.
Bonus: ML can forecast new products without any historical data.

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