Forecasting process at Deckers against the “typical forecasting process”
Typical Forecasting Process
1st Step – Adjust the history file and double-check the accuracy of the forecast.
2nd Step – Prepare preliminary forecasts with the help of a forecasting software package and your best
judgment.
3rd Step – Meetings involving stakeholders such as marketing, sales, supply chain planners, and
finance to reach a consensus. Get collaborative information from key customers and suppliers via the
internet.
4th Step – Revise forecasts based on your best judgment, taking into account the input from the
consensus sessions.
5th Step – To arrive at a final set of forecasts, the operating committee will review them.
6th Step – Complete the forecasts and make sure it is distributed or communicated to key stakeholders.
Deckers Forecasting Process
1st Step – At Deckers’ predicting, this stage is fairly similar. Bottoms-up forecasts for each SKU begin
by analysing any available history files of past demand, according to the case. Deckers’ forecasting
