Forecast Errors Hit Wholesaler Distributors and Big-Box Retailers
Wholesaler distributors that fail to update demand forecasts are often left holding the bag when sales patterns change downstream or retailers cease carrying a product. 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 how big-box retailers...
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