Practical Consideration in Forecast Value Added (FVA) Analysis by Harpal Singh, Sanjiv Raman and Eric Wilson, featured in Foresight: The International Journal of Applied Forecasting - Arkieva

A business forecast is normally produced by applying overrides and modifications to an initial statistical forecast. Whether these adjustments to the statistical forecast improve forecast performance is always an important question – one to which the Forecast Value Added (FVA) concept can be applied. In this article, Harpal, Sanjiv, and Eric identify some of the practical issues in applying FVA analysis within a demand-management process.

Interested in learning more about Foresight? Please click here.