Ask Dr. Jain: What Are The Forecast Accuracy Benchmarks In Retail?

Question: Dear Dr. Jain, What are the benchmarks in forecast accuracy in the retail industry, specifically for companies that use JDA Demand software? Answer These are benchmarks of forecast errors in the retail industry, based on the last five years of IBF surveys. Numbers represent the total industry, and not those of who use just … Continue reading Ask Dr. Jain: What Are The Forecast Accuracy Benchmarks In Retail?