De waarde van informatie - Effective forecasts
3 important questions on De waarde van informatie - Effective forecasts
How can forecasts be more accurate?
By taking more factors into account.
What are cooperative forecasting systems?
In these supply chains, sophisticated information systems enable an iterative forecasting process, in which all of the participants in the supply chain collaborate to arrive at an agreed-upon forecast.
How does an effective forecast decrease the bullwhip effect?
All components of the supply chain share and use the same forecasting tool, leading to a decrease in the bullwhip effect.
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