September 2003
Intermediate to advanced
384 pages
8h 16m
English
Content preview from Supply Chains: A Manager's GuideBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Analyzing the Future
The techniques of time-series analysis described so far are powerful, but they aren't the answer to every forecasting problem. New products, which have no sales history, obviously require a different approach. If a product is similar to existing products, it may be possible to project its sales by taking a percentage of an existing aggregate forecast. If not, alternative techniques may be necessary to predict its sales. Similarly, it may be necessary to supplement time-series analysis with other techniques for products that are subject to changing market forces, such as increasing customer expectations or the emergence of new competitors.
In situations where time-series analysis isn't enough, forecasting requires the use ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.