Forecasting is difficult. Especially forecasting the future. attributed to various sources including Mark Twain and Yogi Berra.

The Global Supply Chain Management simulation demonstrated the challenge of deriving an accurate demand forecast. Given these challenges, some might ask: Why bother?

1. How can attempts to forecast demand help your supply chain meet customer needs even though these forecasts invariably will have errors?
2. Which SCM method (push or pull) would benefit most from forecasting? Why?
3. List and discuss strategies that might be employed to address uncertainty of demand.
4. Briefly discuss and compare quantitative and qualitative forecasting methodologies.