Performance-measurement

From Projects
Jump to: navigation, search

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)

Continue --> Core Goals