Learn more about Demand & Inventory Planning

Books

Buy our books

  • Data Science for Supply Chain Forecasting

    * * * * *
    4.5

    310 pages

    April 2021

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  • Inventory Optimization: Models and Simulations

    * * * * *
    4.7

    318 pages

    September 2020

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  • Demand Forecasting Best Practices

    * * * * *
    4.8

    216 pages

    July 2023

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Articles

All our articles

  • VN1 Forecasting Competition — What I Learned from the Best Forecasters

    2025-01-24

    VN1 Forecasting Competition — What I Learned from the Best Forecasters

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  • How to set Forecasting Accuracy Targets

    2024-09-02

    How to set Forecasting Accuracy Targets

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  • Demand Planners Rulebook

    2024-07-22

    Demand Planners Rulebook

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Udemy Training Course

Demand Forecasting KPIs for Supply Chain Planning

What you will learn

  • How to compute RMSE, MAE, MAPE, WMAPE, and Bias
  • Pros and Cons of each forecasting metric
  • Which forecasting metric(s) to use when evaluating the quality of a forecast
  • Evaluate the quality of a forecast using relevant KPIs
  • Why MAPE is the worst forecasting KPI and what to do instead
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