Shrink Forecast Errors with SAP SCM 5.0

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Shrink Forecast Errors with SAP SCM 5.0

Reading time: 11 mins

Use these five steps in SCM 5.0 to help prevent common demand forecasting mistakes. Key Concept Statistical forecasting uses mathematical formulas to detect trends and patterns based on an event in history (such as seasonality) to predict changes in demand. Causal forecasting identifies the occurrence of an event based on a cause-and-effect relationship (such as...

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