New Opus Update Simplifies Managing Labor Standards in Kronos

Orlando, FL, November 14, 2016 – Axsium Group announced that its latest update to Opus, its next generation work measurement solution, now seamless integration of effective-dated labor standards with Kronos Workforce Central.  This update makes it even easier to...

Forecasting the 2016 Elections’ Effects on WFM

As the dust settles on the divisive, dramatic and seemingly-endless 2016 U.S. elections, America – and to a large extent, the rest of the world – finds themselves asking, “What’s next?” While I am not qualified to tackle the bigger questions like the Constitution or...
The Absolute Best Way to Measure Forecast Accuracy

The Absolute Best Way to Measure Forecast Accuracy

The Absolute Best Way to Measure Forecast Accuracy Good demand forecasts are accurate demand forecasts. Today, I’m going to talk about the absolute best metric to use in the forecasting process. Let’s start with a sample demand forecast.  The following table...

Three Rules for Comparing Forecast Accuracy

Three Rules for Comparing Forecast Accuracy In the last post in the Retail Forecasting Playbook, I explained why Mean Absolute Percentage Error, or MAPE, is the best metric for measuring forecast accuracy.  In this post, I’m going to expand our focus and provide...