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I applied via Naukri.com and was interviewed in Jan 2024. There were 2 interview rounds.
Forecast accuracy measures how close the forecast is to actual results, while bias measures the tendency of the forecast to consistently over or under predict.
Forecast accuracy is the measure of how close the forecasted values are to the actual values.
Bias is the tendency of the forecast to consistently over or under predict the actual values.
Forecast accuracy is typically measured using metrics like Mean Absolute Perc...
Accuracy is more important than bias in demand planning as it ensures the forecast is as close to the actual demand as possible.
Accuracy ensures that the forecast is as close to the actual demand as possible, leading to better inventory management and customer satisfaction.
Bias can lead to consistently overestimating or underestimating demand, resulting in excess inventory or stockouts.
In demand planning, the focus sho...
Important factors in demand planning include historical data analysis, market trends, collaboration with sales and marketing teams, and accurate forecasting.
Analyzing historical data to identify patterns and trends
Monitoring market trends and changes in consumer behavior
Collaborating closely with sales and marketing teams to gather insights and align strategies
Utilizing accurate forecasting methods to predict future de...
I would analyze the impact of the mistake on the overall forecast accuracy and take corrective actions to adjust the forecast accordingly.
Analyze the impact of the mistake on the forecast accuracy
Identify the root cause of the mistake (e.g. data entry error, system glitch)
Adjust the forecast by correcting the error and reevaluating the demand drivers
Communicate the revised forecast to stakeholders to ensure alignment
Top trending discussions
I applied via Referral and was interviewed before Feb 2023. There were 4 interview rounds.
Accounts and English
I applied via Naukri.com and was interviewed in Jun 2020. There was 1 interview round.
I applied via Naukri.com and was interviewed in Jun 2021. There were 3 interview rounds.
posted on 19 Sep 2024
I applied via Walk-in and was interviewed before Sep 2023. There were 2 interview rounds.
Experienced professional with a background in retail management and a passion for team leadership and customer service.
Over 5 years of experience in retail management
Strong leadership skills demonstrated through successful team management
Passionate about providing excellent customer service
Proven track record of achieving sales targets and improving operational efficiency
My strengths include strong leadership skills, excellent communication abilities, and a proactive approach to problem-solving. My weakness is that I can be overly detail-oriented at times.
Strengths: strong leadership skills
Strengths: excellent communication abilities
Strengths: proactive approach to problem-solving
Weakness: overly detail-oriented (provide example of how this can sometimes slow down decision-making)
I applied via Referral and was interviewed in Dec 2023. There were 2 interview rounds.
I have 5 years of experience in marketing and sales.
Worked as a Marketing Executive at XYZ Company for 2 years
Managed a team of 5 sales representatives at ABC Company for 3 years
Achieved 20% increase in sales revenue in the first year at ABC Company
Developed and implemented successful marketing campaigns for multiple products
I have worked extensively with ERP systems and have a strong knowledge of their functionality.
I have experience working with SAP, Oracle, and Microsoft Dynamics ERP systems.
I have worked on implementing ERP systems for clients in various industries such as manufacturing, healthcare, and retail.
My knowledge of ERP systems includes modules such as finance, supply chain management, and human resources.
I have also provided...
I applied via Company Website and was interviewed in Oct 2023. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in May 2021. There were 3 interview rounds.
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