by Jon Schreibfeder | Aug 1, 1999 | Forecasting
In 1987, Gordon Graham wrote a book, Distribution Inventory Management for the 1990s. In this book, Graham described what he considered to be the best method for forecasting the future demand for both seasonal and non-seasonal products. Let’s take a quick look...
by Jon Schreibfeder | Feb 3, 1999 | Forecasting
A demand forecast (also referred to as a usage rate) is a prediction of the amount of each product that will be sold, transferred, used in an assembly, or otherwise consumed in the future. It’s easy to see that inaccurate forecasts can cause major problems for...
