Business Pitch Dictionary by pitch.dog
Inventory, demand & supply planning · Core

Forecast bias

Also called: forecasting bias, demand bias

ELI5

Persistent over-forecasting or under-forecasting.

Used in conversation

“Compare forecast bias with the same cohort and period before drawing a conclusion.”

Pitch context

You will see “Forecast bias” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches inventory, demand & supply planning.

Why it matters: In inventory, demand & supply planning, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Connected terms

  • BiasThe search label “forecast bias” can route to both entries.
Sources & evidence · 5

Direct term-level sources and supporting source families.