Archive for demand forecast

Matching Demand Forecast Periods to Production Lead Times

It is common to speak of a “one number” demand forecast. And a “one number” forecast works fine if your demand forecast and your manufacturing planning are based on the same time period. For example, if you do a monthly forecast and the plant uses it to plan production for the entire month, then there is no inconsistency. But a lot can happen in a month. I was briefed a while back by Nitin Goyal, […]

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