Archive for August 10th, 2009

Where Should We Place the Forecasting Function?”

Monday, August 10th, 2009
Where Should We Place the Forecasting Function?”

No matter where you place the forecasting function, you will have a bias in forecasts unless you create an independent department. Production people tend to over-forecast because it gives them fewer headaches resulting from out of stocks. But if they are evaluated on the basis of inventory, they would prefer under-forecasts. Salespeople have a... »

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Posted in Forecasting and Planning | 42 Comments »

 

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