Forecast Errors Lead to Mistrust in Supply Chain
Lack of collaboration is often the cornerstone of conflicts, blame, and mistrust between a manufacturer and suppliers. Forecast Errors, a weekly e-newsletter, shares methods, modes, and tools used in a variety of supply chain industries. The newsletter explores forecast errors as the difference between the actual and predicted value. The consequences of errors are expensive inefficiencies that can be resolved with lean manufacturing technology. The upcoming issue will explain why building trust in supply chain is essential. These communication breakdowns...
View full press release