Gartner Research

Aggregate Your Forecast Across Different Time Horizons to Improve Long-Term Forecast Accuracy

Published: 19 April 2018

ID: G00355162

Analyst(s): Micheal Youssef

Summary

Leading organizations recognize the benefit of going beyond SKU-level forecasting as time horizons increase. Supply chain leaders focused on planning can improve long-term forecast accuracy by forecasting at different aggregation levels across different time horizons.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Define Different Time Horizons That Require Different Levels of Aggregation in Forecasting
  • Establish Joint Commitment to the Change Within Supply Chain and Commercial Partners
  • Create a Training Plan to Forecast at the Aggregate Level at Different Time Horizons

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