Instructor Led Chief Forecaster Training

Three Techniques to Reduce Aggregate Sales Forecast Error by MORE THAN 25 Percent in LESS THAN 100 Days ...Chief Forecaster does! All forecast error eventually results in increased inventory error. When actual sales arrive at a rate less than the forecast, the result is residual inventory. Likewise, when actual sales outstrip the forecast, customers backorders result which almost always results in someone swearing to never let that happen again resulting in an increase in either safety stock or  more...

The Chief Forecasters Job 3 Critical Forecast Inputs to DRAMATICALLY Improve Forecast Accuracy ...ere are three critical inputs to every unit forecast. A "Chief Forecaster" must understand these inputs and be knowledgeable about the use of data and judgment when addressing these input groups: Past data... historical models Future data... Market Requirements Definition Current Data... real time field intelligence In addition to these data groups, the Chief Forecaster must  more...