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Collaborative Forecasting: Is It Always Worth It?

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  • Paul Goodwin

Abstract

Goodwin cites common sense and various examples to show that collaboration between different parts of a supply chain should result in greater forecast accuracy. However, he questions whether a decision to collaborate is actually so straightforward and cites a study indicating a possible reduction in accuracy. He names and explains several barriers to such success, concluding that implementing this knowledge may work for some organizations and result in substantial gains. Copyright International Institute of Forecasters, 2017

Suggested Citation

  • Paul Goodwin, 2017. "Collaborative Forecasting: Is It Always Worth It?," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 44, pages 5-8, Winter.
    • Handle: RePEc:for:ijafaa:y:2017:i:44:p:5-8
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