Filter by

What is a Good Level of Forecast Accuracy?

“What would you consider a good level of forecast accuracy in our business?” is probably the single most frequent question we get from customers, consultants and other business experts alike.

Fresh bread

Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation

Moving to omni-channel grocery retail adds new aspects to demand forecasting that need to be considered, e.g. how to forecast per sales and fulfillment channel, how to react to out-of-stocks, and how to optimize operations.

Measuring Forecast Accuracy: The Complete Guide

This complete guide explains the facets of forecasting and why forecast accuracy is a good servant but a poor master.

Forecasting and Replenishment

Why Do Forecasting and Replenishment Have to Be Such a Pain?

Over the years almost every single retail initiative has had forecasting and replenishment at its core.

Predict the Unpredictable in Supply Chain Management

People are fickle, not wholly rational and make different decisions at different times. However, people are predictable in most of their buying decisions.

How Can a Retailer Create Meaningful Forecasts for New Products?

How does one create meaningful forecasts for new products when there is no sales history at all?

Does Demand Forecasting for Promotions Have to Be This Difficult?

Demand forecasting for promotions is a major challenge for retailers, not least because of the impact it has on driving sales.

Top Challenges in Demand Forecasting

Forecasting future demand successfully is difficult. Find out from our blog what the big retailers listed as their hardest challenges.

When to Use Manual Forecasting or Forecast Corrections

Manual forecasting generally produces results whose accuracy is, rather questionable. However it can be of benefit in certain situations.

Demand Forecasting and Planning in Retail

Does your company do ‘demand forecasting’ or ‘demand planning’? Both are needed in supply chain management, but what are their differences?

Town in winter

Managing the Christmas Supply Chain

In this whitepaper we take a look at how to optimize for the holiday season and draw lessons for year-round seasonal management.

Carrots

Fresh Forecasting & Replenishment: Master Weekday Variations

As sales fluctuate significantly day to day, precision with fresh food is only possible through accurate daily forecasting and daily replenishment.

Bananas

Fresh Forecasting & Replenishment: Master Spoilage

Spoilage reduction is the single most effective measure we know of that clients can take to boost their profits.

Food

Supply Chain Integration – Case Food Service Forecasting

Supply chain integration is about knitting together operations of two or more companies via an integrated IT system. Learn how this can be done wisely.

Spider web

Sales and Operations Planning: From Data to Information, from Information to Decision-making

In this article, we take a brief look at what sales and operations planning actually means and explain how data systems affect the execution of S&OP processes.

Mobile payment

Using POS Data in Your Supply Chain to React Faster to Changes in Demand

Particularetail trade companies, that often control both stores and warehouses themselves, no longer have any excuse for letting POS data gather dust in the stores’ till systems.