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Understanding Forecastability - Not All Items Are Created Equal
Manage episode 307184869 series 2810825
תוכן מסופק על ידי IBF0 Eric Wilson CPF. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי IBF0 Eric Wilson CPF או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting
Learn more about forecastability here: https://bit.ly/2YNAfvn
01:15 Why do we assume forecast accuracy should be the same for all items?
05:05 What is forecastability?
06:55 Are all items forecastable?
08:20 Items are becoming increasingly unforecastable
09:35 What kind of forecast error should we accept today?
12:49 How to know if our items are forecastable or not
18:05 Coefficient of variation and seasonality
19:45 Should we expect more error now following Covid?
22:25 What to do with long tail, unforecastable SKUs
27:10 Identifying causal factors in the noise
29:54 How good are you at forecasting? Using Forecast Value Add
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