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What is 3.demand Accuracy about?
Forecast Accuracy at the primitive SKU level is critical for proper allocation of supply chain resources. Inaccurate demand forecasts often would result in supply imbalances when it comes to meeting customer demand. In this paper, we will discuss the process of measuring forecast accuracy, the pros and cons of different accuracy metrics, and the time-lag with which accuracy should be measured.
- Author
- knmitra
- Language
- EN