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Forecast Accuracy

Updated over 3 weeks ago

Overview

The Forecast Accuracy worksheet is a dedicated worksheet within the Demand module that provides a consolidated view of forecast performance metrics across all SKUs. It displays Error and Bias for each available forecast type, giving demand planners a single place to monitor and evaluate forecast quality over time.

Purpose

The Forecast Accuracy worksheet enables planners to:

  • View Error and Bias metrics across all SKUs in a single tabular view

  • Compare performance across different forecast types (e.g., Market, ML)

  • Monitor forecast quality trends over time across the demand horizon

  • Drill into individual SKUs for month-by-month detail via the Forecast vs Actual sub-worksheet

  • Identify SKUs that need attention due to high error or persistent bias

Where to Find It

Navigate to Demand > Forecast Accuracy in the PLAIO Platform.

What the Worksheet Shows

Main View

The main Forecast Accuracy grid displays one row per SKU and includes:

  • SKU identification (item reference and name)

  • Error values for each available forecast type

  • Bias values for each available forecast type

Forecast vs Actual Sub-Worksheet

When you select a row (SKU) in the main grid, you can open the Forecast vs Actual sub-worksheet. This detail view allows you to:

  • View Error or Bias for the selected SKU

  • See the difference between forecast and actuals for each month in the bottom rows

  • Understand how forecast performance varies across individual periods

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