What is Forecast Value Add (FVA) in Supply Chain?
Forecast Value Add (FVA) is a critical metric in supply chain and demand planning that measures the incremental improvement (or degradation) in forecast accuracy resulting from each step in the forecasting process. FVA quantifies the value added—or subtracted—by various inputs, methods, or adjustments, such as statistical models, manual overrides, or external data integrations. In essence, […]
