Understanding Forecastability - Not All Items Are Created Equal
Manage episode 307184869 series 2810825
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01:15 Why do we assume forecast accuracy should be the same for all items?
05:05 What is forecastability?
06:55 Are all items forecastable?
08:20 Items are becoming increasingly unforecastable
09:35 What kind of forecast error should we accept today?
12:49 How to know if our items are forecastable or not
18:05 Coefficient of variation and seasonality
19:45 Should we expect more error now following Covid?
22:25 What to do with long tail, unforecastable SKUs
27:10 Identifying causal factors in the noise
29:54 How good are you at forecasting? Using Forecast Value Add
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