Your Forecast Isn’t Accurate — Is Your Inventory Optimization Solution Making Things Worse?
The relationship between forecast error and lead time.
Inventory buffers can counteract the effects of inaccurate forecasts. But, are you setting wrong inventory targets because your inventory optimization solution doesn't understand how bad the forecast really is? Learn why directly forecast error over the actual lead time is better than estimating and manipulating it and leads to a truly optimized inventory plan.
