Low-hanging Fruit: (Easily) Avoidable Error
What part of your current forecast error baseline is (easily) avoidable? Do you have a clear line of sight into the lowest achievable error for each SKU/Location combination? Learn how to identify and (largely) eliminate the avoidable error with help from vyan.ai.
Current Forecast Error: Do you see Angels or Demons?
How is your demand forecasting performance perceived by your Manager? Do you look like an angel delivering miracles consistently or a devil intent on getting it wrong no matter what. How do you set improvement targets without a proper benchmark? Learn how Forecastability Bands can help (Lowest Achievable Error | Highest Tolerable Error) and how you can generate them autonomously from your forecasting software.
Now set targets with a clear sense of feasibility and (significantly) reduce that cost of forecast error. All good news for your customers, your shareholders, and your demand forecasting process participants.
Forecastability Improves with Altitude
Do you suffer from high forecast error at granular (Product / Location) levels in the short-term? Are you either drowning in detail or disconnected from the ground realities? Need a better way to manage?
Learn how AI-powered Forecast Level Optimization can evaluate forecasts across all levels, without any incremental planner effort as well while this significantly reduces the forecast error. Now you can delight your Customers, Finance team, and Demand Planners at the same time.
Lean Forecasting: through Override Value Prediction
Demand Planning processes often include human overrides to account for forward-looking market intelligence missing in the statistical forecast engine. However, this also opens the door for wishful thinking or outright gaming. Learn how to separate the good overrides from the bad overrides real-time with a high degree of confidence.