Tag: Bias
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Essential Metrics for Successful Demand Planning
In demand planning, you can’t manage what you don’t measure. Tracking the right metrics is essential for understanding your forecasting performance and making smart decisions across your supply chain. Let’s break down the most critical metrics, how to calculate them, and why they matter. Forecast Accuracy Mean Absolute Percentage Error (MAPE) Bias Tracking Signal Inventory… Read more
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Understanding the Basics of CPG Demand Planning
What is CPG Demand Planning? Demand planning in the Consumer Packaged Goods (CPG) industry is all about predicting customer demand. It’s a mix of analyzing past sales, understanding market trends, and using business insight to ensure you have the right products at the right time. Why Demand Planning Matters Key Metrics for Success To excel… Read more