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Demand Segmentation: One Size Does Not Fit All!
14/05/2019 Tom Cryns

Demand Segmentation: One Size Does Not Fit All!

Posted in Knowledge Center

Our experiences dictates that all data within your supply chain are not the same. In fact, treating every data the same way may decrease the accuracy of the forecasts, as you might apply only one forecasting method across your product portfolio, not realizing that each product or group of products has different data patterns. Segmentation of your products or product groups will determine the forecast method and algorithm(s) you have to use during your Demand Planning/Forecasting process.