Tag: downsream data

Internet of Things | Machine Learning
Charlie Chase 0
Is quick response forecasting a reality or just another buzzword?

“Quick response forecasting (QRF) techniques are forecasting processes that can incorporate information quickly enough to act upon by agile supply chains” explained Dr. Larry Lapide, in a recent Journal of Business Forecasting column. The concept of QRF is based on updating demand forecasts to reflect real and rapid changes in demand, both