How to Review Forecasts?

50% of planners’ forecast reviews worsen accuracy, academics say.
How can we do better?
In this webinar, Professor Emeritus Robert Fildes and I introduce you to the best (and worst!) practices for demand planners to review forecasts.
We first look at 15 years of historical research to understand what works and what does not.
Then, I explain how demand planners can (and will) still add value to supply chains - even if they use advanced machine learning models.
From this webinar, you will get clear direction on how the role of demand planners should evolve (for the better) in the following years.
If you're interested in learning more about demand forecasting, you can get 4 chapters of my latest book for free here: mailchi.mp/supchains.com/news...

[@p-lf5gy]

Beautiful and intelligent Forecasting session

[@user-jz5vn4pi1j]

Hello dear , I want to congratulate you for the content and the skills that you teach people . I have a question : the forcast ,like you describe it , is applicable for the retail demand planning and the MTO strategy , that's right .Because I don't think that this kind of forcasting is relevent in an MTO industry where the demand is not stable .

[@nicolasvandeput-SupChains]

Hello, you can apply it to MTO but it might require some differences.
For examples you could focus more on forecasting raw material, or include as a features in your ML engine preorders. Or contractual terms/budget.

[@user-jz5vn4pi1j]

@@nicolasvandeput-SupChains Is that what we call supply planning ? Thank you in advance.