https://demand-planning.com/2019/06/12/do-forecasts-have-to-right-to-be-valuable/ S&OP/ IBP, Demand Planning, Supply Chain Planning, Business Forecasting Blog Fri, 28 Jun 2019 15:45:56 +0000 hourly 1 https://wordpress.org/?v=6.6.4 https://demand-planning.com/2019/06/12/do-forecasts-have-to-right-to-be-valuable/#comment-25285 Fri, 28 Jun 2019 15:45:56 +0000 https://demand-planning.com/?p=7778#comment-25285 Great article! I work for a specialty chemical company serving many different industries and hence lots of market dynamics. I understand we can never be perfect in forecasting, but is there any industry standards/ranges on what should the forecast accuracy be around? Thanks.

]]> https://demand-planning.com/2019/06/12/do-forecasts-have-to-right-to-be-valuable/#comment-25054 Thu, 20 Jun 2019 10:19:36 +0000 https://demand-planning.com/?p=7778#comment-25054 This article has highlighted just what I needed to hear! I started something of my own about a year ago and there are things I have clearly been overlooking like there’s no right in forecasting, learn from the wrong as you move and record EVERYTHING. I cannot wait to set things in motion! Thank you!

]]> https://demand-planning.com/2019/06/12/do-forecasts-have-to-right-to-be-valuable/#comment-24933 Sun, 16 Jun 2019 22:49:45 +0000 https://demand-planning.com/?p=7778#comment-24933 Thank you for this article Mr. Fitzpatrick! I am a Demand Planner with the federal government and I am constantly reading and researching how Demand Planning outside the government can contribute to what we do. I will definitely take your example of documenting as a tool to apply within my organization!

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