How to Track Forecast Accuracy to Guide Forecast Process Improvement

Jim Hoover

Foresight: The International Journal of Applied Forecasting, 2009, issue 14, 17-23

Abstract: While considerable attention has been paid to the measurement of forecast accuracy for individual items at particular points in time, issues around an aggregated forecast-accuracy metric and its tracking over time still present opportunities for discussion. Jim Hoover talks about why organizations have neglected the task of tracking forecast accuracy and offers a step-by-step guide for getting back on the track. Copyright International Institute of Forecasters, 2009

Date: 2009
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