How Much Progress Have We Made in Improving Forecasts
IBF's Research Report #8

Over the last two decades or so, a number of developments have taken place; some helped to improve forecasts, and others made them worse. The advancement in computer technology improved our computing power and enabled us to use even the most sophisticated algorithms, which were previously not possible. The development of enterprise data warehouse technology enabled us not only to store all the data at one place but also made easier to access. The process plays an important role in forecasting, which has progressed from Silo Forecasting (SF) to Consensus Forecasting (CF) to Sales & Operations Planning (S&OP) to Collaborative, Planning, Forecasting and Replenishment (CPFR).

Table of contents:

  1. Characteristics of Forecasting Errors
  2. Findings
  3. All Industries Combined
  4. Consumer Products
  5. Food & Beverages
  6. Healthcare
  7. Industrial Products
  8. Retail
  9. Telecommunications
Login to Download
Already have an IBF account? Login now and skip filling forms forever!
Forgot password?
Register to Download
First Name*:
Last Name*:
ZIP/Postal Code*:
Other Upcoming Events & Trainings
October 20 – 23, 2020
Orlando, Florida USA
w/ Leadership Forum & Demand Planning Tutorial...
October 21 – 22, 2020
Business Planning, Forecasting & S&OP/ IBP...
November 18 – 20, 2020
Amsterdam, Netherlands
w/ 1-Day Planning & Forecasting Analytics Tutorial...