Top-down forecasting - How To Discuss
By Sophia Vance |
Top-down forecasting,
Definition of Top-down forecasting:
A demand estimation process whereby product demand predictions for a business are generated for the highest product group level first and are then projected downwards to lower levels. In a typically top-down forecasting scenario, a higher level demand prediction can eventually be applied to individual, lower level units responsible for stock keeping.
Meaning of Top-down forecasting & Top-down forecasting Definition