Book description
Most decisions and plans in a firm require a forecast. Not matching supply with demand can make or break any business, and that's why forecasting is so invaluable. Forecasting can appear as a frightening topic with many arcane equations to master. For this reason, the authors start out from the very basics and provide a non-technical overview of common forecasting techniques as well as organizational aspects of creating a robust forecasting process. The book also discusses how to measure forecast accuracy to hold people accountable and guide continuous improvement. This book does not require prior knowledge of higher mathematics, statistics, or operations research. It is designed to serve as a first introduction to the non-expert, such as a manager overseeing a forecasting group, or an MBA student who needs to be familiar with the broad outlines of forecasting without specializing in it.
Product information
- Title: Demand Forecasting for Managers
- Author(s):
- Release date: August 2016
- Publisher(s): Business Expert Press
- ISBN: 9781606495032
You might also like
book
Next Generation Demand Management
A practical framework for revenue-boosting supply chain management Next Generation Demand Management is a guidebook to …
book
Demand and Supply Integration: The Key to World-Class Demand Forecasting
Supply chain professionals: master pioneering techniques for integrating demand and supply, and create demand forecasts that …
book
Consumption-Based Forecasting and Planning
Discover a new, demand-centric framework for forecasting and demand planning In Consumption-Based Forecasting and Planning, thought …
book
Supply Chain Planning and Analytics
Every company must continually wrestle with the problem of deciding the right quantity and mix of …
