Difference between revisions of "Performance-measurement"
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(Created page with "Category:Forecasting The '''Performance Measurement''' dimension is defined as 2 areas: 1. The metrics used to measure our forecasting effectiveness: * Impact on Profitab...") |
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Latest revision as of 09:32, 13 April 2014
The Performance Measurement dimension is defined as 2 areas:
1. The metrics used to measure our forecasting effectiveness:
- Impact on Profitability
- Customer Service Quality
- Competitive Strategy
2. How our forecast performance information is gathered and utilized:
- Degree to which incorrect forecasts are measured through "forecasting error", versus the inability of other business functions to deliver volume when expected
- Ability to utilize that data to plug into future forecast models (capturing both Judgmental and Planned Events and blending into Time-Series data)
