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What are the limitations of forecasting?
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What are the limitations of forecasting?
Aug 6, 2019
Accurate forecasting helps you manage your supply chain, inventory, staffing levels, finances and more. Forecasting also has some limitations due to incorrect information from employees and customers and relying on past numbers which can be inaccurate if market conditions change unexpectedly.
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“Be competent, be more skilful than others. Here you will find the answer to all of your questions.”
✋ The purpose of our channel is to create EDUCATIONAL content. That was our intention with this video as well. We would like to give you COMPLETE INFORMATION on the subject, so unfortunately we can also discuss elements that may be hurtful to people.
Aug 6, 2019
Accurate forecasting helps you manage your supply chain, inventory, staffing levels, finances and more. Forecasting also has some limitations due to incorrect information from employees and customers and relying on past numbers which can be inaccurate if market conditions change unexpectedly.
··········
“Be competent, be more skilful than others. Here you will find the answer to all of your questions.”
✋ The purpose of our channel is to create EDUCATIONAL content. That was our intention with this video as well. We would like to give you COMPLETE INFORMATION on the subject, so unfortunately we can also discuss elements that may be hurtful to people.
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