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Forecasting 101

How to get more accurate forecasts with less cost and effort

About this paper

Organizations spend much time and money searching for a magic formula for the perfect forecast, yet still get bad forecasts. But it doesn't have to be this way. This paper provides a summary of a webinar in the SAS "Applying Business Analytics" series originally broadcast in July 2010 that discussed how businesses can achieve better accuracy and forecasting process efficiency by understanding the nature of demand patterns and where forecasting process is adding value — or not.

About SAS

SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 70,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.

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