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Mean Absolute Percentage Error (MAPE) Has Served Its Duty and Should Now Retire

BlueYonder

For such granular forecasts, MAPE values are extremely hard to judge and thereby disqualify as useful forecast quality indicators. That reads much more involved than it is: Coming up with APE as a first shot for “forecast quality evaluation” is quite typical. But does this truly reflect forecast quality ? 1|/1), respectively.

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Complex costs of transportation

Supply Chain Movement

There are numerous ways a shipper can reduce freight spend. How likely are carriers to agree on endless rate cuts? And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. 10 questions about Freight Spend Management. Taiwan, Province of China. Tajikistan.