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Dedicated Forecasting Organization

Establish forecasting as a separate functional area with individual accountabilities within the logistics organization!

If no one is held accountable for the forecast accuracy, as is often the case, the accuracy level will reflect the lack of accountability.   Some large U.S. corporations are creating dedicated forecasting organizations whose only evaluation criteria is the accuracy of the forecast.  The bonuses, promotions, and evaluations of the personnel in the organization depend on improvements in forecast accuracy.

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