October 30th, 2008
Question: Serial Correlation (MLR/Fourier) and Inventory Problems
Someone asked me a question about the impact of serial correlation (a forecast performance/error measurement) on Inventory problems.
In short, if someone consistently forecasts above, will they always have too much stock? Conversely if one consistently forecast too low, will they always have out of stocks?
On its face this seems right. However there always are buffers […]
Filed under: Financial Performance, Forecasting, JDA Demand, JDA Fulfillment, JDA Reporting, Planning Mindset, Supply Chain, improving employee performance | No Comments »
