Whereas quantitative refers to numeric and objective qualities that someone can measure, qualitative refers to subjective qualities that rely on opinion, observation or listening abilities.

Supply chain forecasting is becoming an increasingly critical component of operational success. Accurate forecasting enables companies to optimize inventory levels, reduce waste, enhance customer ...

Managers in a manufacturing environment often must forecast the amount of inventory and supplies needed to meet demands. The use of forecasting assumes that past trends will continue with little ...

In this special guest feature, Geoff Birnes, SVP of Customer Engagement at Atrium, discusses how the CRM space is being completely altered by the introduction of machine learning, data analytics and ...

Accurately forecasting logistics requirements is crucial to the mission analysis phase of the military decisionmaking process, yet it is often overlooked by brigade combat team (BCT) logistics ...

Time series forecasts are used to predict a future value or a classification at a particular point in time. Here’s a brief overview of their common uses and how they are developed. Industries from ...

Decline curve analysis has been called the most commonly used and misused technique for forecasting future production and remaining reserves. This course will give the learner a better understanding ...