What is a common pitfall regarding technology in demand forecasting?

Answer

Believing that advanced software automatically guarantees a good forecast without disciplined analytical process.

A common pitfall is the belief that advanced software, even modern ERP/SCP systems, automatically equals a good forecast; technology serves as an enabler but does not replace the need for disciplined analytical work and domain knowledge.

What is a common pitfall regarding technology in demand forecasting?

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Mastering Demand Forecasting : The 8 Essential Steps - YouTube

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