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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

The location of any package that is part of an order can be traced; status information about time, quality, and relevant financial aspects all need to be recorded and monitored during transportation execution. A TMS with inventory allocation enables shippers to monitor shipments down to the package level. Taiwan, Province of China.